Use the housing market data below to construct a repeat sales price index. Properties #2, #3, and #5 were transacted twice in the market while properties #1 and #3 were transacted only once. Sold Property #1 Property #2 Property #3 Property #4 Property #5 Bought Year 2002 2001 2003 Price Year 2001 $230,000 $310,000 2002 $285,000 $200,000 2003 $225,000 N/A $175,000 Price N/A 2004 $300,000 2002 $190,000 Using a repeat sales index approach, compute the growth rate (in %) in property prices from 2001 to 2002. (Round your answer to the second decimal point, e.g., if the answer is 4.5287% then enter 4.53.)