US home prices have increased by 153.3% since 2010, outpacing wage gains of 14.2% by more than 10 times, money.co.uk, an international credit broker for consumer credit products is reporting. At the same time, inflation grew annually by 1.25%, the company said.
While the property increase was the fourth largest of 30 industrialized nations surveyed by the firm, it was less than half the increase of the highest, Israel which had an increase of 345.7%. Switzerland was second at 165.5% while Germany was in third place at 162%.
Among the 30, only four nations had price declines in the decade with Greece values suffering the most, down 17.9%.
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