US house prices soar from coast-to-coast

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Goldman Sachs has released a bunch of interesting charts on the US housing market, which has experienced its biggest and broadest price boom since the Global Financial Crisis.

As shown below, median house prices across the US have surged by 17.7% over the past year with most of that growth coming in the past six months:

This growth has been broad-based:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.