Heaps of US cities haven’t recovered from the recession

Home values in the country’s most expensive real estate markets have skyrocketed since the recession, but the cheapest metropolitan areas only saw minor increases. After adjusting for inflation, median home values in the 10 most expensive metropolitan areas have jumped 63 percent since 2000, Bloomberg reported. In the least expensive metros, median prices increased by just 3.6 percent. The data comes from a annual report from Harvard University’s Joint Center for Housing Studies that was […]

Source: realdeal

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