# If the average price of houses today is $80,000, compared to$75,000 one year ago, what is the percent of change?

##### 1 Answer
Dec 18, 2016

6.33%

#### Explanation:

House prices increased(comparing to last year)

$80,000 -$75,000 = \$5000.

So percentage of change = [5,000]/[75,000] * 100%

= 6.33%