I say yes to the statement for the following reasons.

• Historically and putting aside periods of ups and downs, the average home price has grown from $140k to $340K over the last 20 years.

• According to the website Zillow, home values nationwide are expected to increase 4.80% from $339K this year to $355K in 2024.

• Additionally, Banking Rates forecasted an average increase in home prices of 5.9% in 11 of the US, reinforcing again the idea of continuous growth.

Source:

https://finance.yahoo.com/news/us-home-values-changed-over-165648270.html#:~:text=While%20there%20have%20been%20periods,%24340%2C000%2C%20as%20of%20April%202023.

https://www.gobankingrates.com/investing/real-estate/cities-where-home-values-are-expected-to-rise-over-next-year/?utm_term=incontent_link_2&utm_campaign=1233061&utm_source=yahoo.com&utm_content=2&utm_medium=rss

https://www.gobankingrates.com/investing/real-estate/beautiful-cities-with-homes-under-300k/?hyperlink_type=manual

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