Where in the US are homes most affordable?
Posted on AllSides February 17th, 2022
From The Center
REUTERS/MARIO ANZUONI
ANALYSIS
It’s never been more expensive to buy a home in the US. Last December, the median home sale price for existing homes hit a record $364,300, up nearly 20% from a year prior. There’s no sign of prices, or sales, slowing down much as an explosion of demand, including many first-time buyers, crashes into a market with few homes available for sale.
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