1. What is House Price Percentage Increase?

The percentage increase in house prices measures how much average prices have risen over a specific period. It's a key indicator of real estate market trends and property value appreciation.

2. How Does the Calculator Work?

The calculator uses the percentage increase formula:

Where:

• New Price — Current average house price
• Old Price — Previous average house price

Explanation: The formula calculates the relative change between two prices, showing how much prices have increased as a percentage of the original price.

3. Importance of Price Increase Calculation

Details: Tracking house price increases helps homeowners understand equity growth, informs buyers about market conditions, and assists investors in evaluating potential returns.

4. Using the Calculator

Tips: Enter both prices in the same currency (typically USD). The old price should be from an earlier time period than the new price. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What time period should I compare?
A: Common comparisons are year-over-year (YoY) or month-over-month (MoM), but any meaningful period can be used.

Q2: How does this differ from compound growth?
A: This shows simple percentage change between two points. Compound growth would account for multiple periods of growth.

Q3: What's considered a "good" price increase?
A: This depends on market conditions. Historically, 3-5% annual increase is typical, but varies by location and economic factors.

Q4: Should I use median or average prices?
A: Median prices (middle value) are often better as they're less affected by extremely high or low values, but average prices can also be meaningful.

Q5: How does inflation affect these calculations?
A: For "real" price changes, adjust prices for inflation. This calculator shows nominal increases.