That magnitude of price increase translates to about ~3.5% annualized increase, which seems indicative of a relatively healthy inflation adjustment. Many parts

That magnitude of price increase translates to about ~3.5% annualized increase, which seems indicative of a relatively healthy inflation adjustment. Many parts of the Midwest have been accustomed to stagnant home prices due to decades of economic underinvestment and declining population. For a variety of reasons, this is turning around.