From: The Morning Call
In more than three-quarters of 425 metro and micropolitan regions in the country, home prices outpaced wage growth during the last seven years.
The Lehigh Valley is a slightly different story.
These figures come from monthly data from the Case-Shiller Index, widely recognized as a metric for house prices around the country, and data from the Quarterly Census of Employment and Wages, accessed and assembled for 425 metro and micropolitan areas by the Associated Press. The country has 536 micropolitan areas, defined as urbanized areas having 10,000-50,000 people, and 384 metropolitan areas, with more than 50,000 people.