found that more than half of the largest US metros have recovered from their pandemic lows.
A metro area that scored 100% means it reached its level from prior to the pandemic. Any score over 100 shows market improvement that has surpassed pre-pandemic levels. The Boston metro area clocked in at 122.52%. , since the start of the pandemic, urbanites have been fleeing to the suburbs in search of bigger space both inside and outside their homes. This trend has helped lead the housing recovery, according to a research note by Bank of America.
Prior to the pandemic, those homes would likely have seen a price cut before selling, but now "these properties are selling at full price," Gary Kaufman of Keller Williams Realty was quoted saying in the report.
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