According to the Census Bureau, in October 2016, the average house price in the United States was $27,058. 7 years earlier, the average price was $22,008. What was the annual increase in the price of the average house sold? Multiple Choice 3.29% 2.70% -2.91% 3.59% 3.00%

According to the Census Bureau, in October 2016, the average house price in the United States was $27,058. 7 years earlier, the average price was $22,008. What was the annual increase in the price of the average house sold? Multiple Choice 3.29% 2.70% -2.91% 3.59% 3.00%

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter16: Real Estate And High-risk Investments

Section: Chapter Questions

Problem 1DTM

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Factors Affecting Housing Decision

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Multiple Choice

3.29%
2.70%
-2.91%
3.59%
3.00%

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