US home prices have soared 47% so far this decade, outpacing all of the growth seen in the 1990s and 2010s

Mike Blake/Reuters

• US home prices have soared 47% so far this decade.
• The price surge has outpaced the gains seen in the 1990s and 2010s, and is nearly ahead of the 2000s.
• The rising value of homes has coincided with a millennial-fueled demand surge and years of low mortgage rates.

US home prices have soared 47.1% so far this decade, according to a ResiClub analysis of the Case-Shiller National Home Price Index.

The massive price gains seen in the...