This chart: https://www.longtermtrends.com/home-price-vs-inflation/ https://www.longtermtrends.com/home-price-vs-inflation/ And Case-Shiller is based on price-

This chart: https://www.longtermtrends.com/home-price-vs-inflation/ https://www.longtermtrends.com/home-price-vs-inflation/ And Case-Shiller is based on price-per-square footage, so the argument that houses are bigger is moot.