This report aims to analyze the effects of inflation on family income and house sale prices in the United States.
The data used in this analysis is sourced from the FRED Economic Data Database provided by the Federal Reserve Bank of St. Louis.
The dataset includes information on the median sales price of houses, mean family income, and the inflation rate for the United States.
Our primary research questions are focused on understanding how inflation influences the affordability of housing for families. Our proposal is
to merge the datasets and use linear regression to predict house sale prices using income and inflation. This report discusses the data sources,
methods, potential challenges, and limitations of the analysis.