home Prices—West. The typical (median) price of a new single-family home in the West (United States) rose from $129,600 in 1990 to $235,600 in 2010. Calculate the percentage rise in cost of a home from 1990 to 2010, and compare it with the overall rate of inflation as measured by the Consumer Price Index.

housing Price Index. Realtors use an index to compare housing prices in major cities throughout the country. The index numbers for several cities are given in the table below. If you know the price of a particular home in your town, you can use the index to find the price of a comparable house in another town:

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price (other town) price index in other town (your town) index in your town Use the housing price index in Exercises 17-20. City Index City Index Denver 100 Boston 358 Miami 194 Las Vegas 101 Phoenix 86 Dallas 81 Atlanta 90 Cheyenne 60 Baltimore 150 San Francisco 382