Since the inflation phase of the second U.S. housing bubble began in July 2012, the trailing twelve-month average of median new home sale prices has increased by an average of $2,532 per month through February 2013. By contrast, the trailing twelve-month average for median household income in the U.S. has increased by an average of $121.56 per month, as median home prices have been rising by an average of roughly $21 for every $1 increase in median household income.
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