News Formal

US housing market boom: Number of trillion-dollar metros doubles amid rising home values

  • 📰 KSLcom
  • ⏱ Reading Time:
  • 19 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 51%

News News

Traffic,Weather,Sports

Redfin reports rising home prices and affordability challenges as four new cities join the trillion-dollar club.

<p>SALT LAKE CITY — A year ago, there were four trillion-dollar metros in the United States. That number has since doubled, adding Anaheim, California&#x3B; Washington, D.C.

6 billion</li>
<li>Newark, New Jersey, up 13.2% to $406.2 billion</li>
<li>Anaheim, California, up 12.1% to $1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 549. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Redfin CEO says housing market is in a 'funk' as homebuyers weigh election uncertaintyRedfin CEO Glenn Kelman pulled the curtain back on the U.S.'s 'somewhat slow' real estate market during an appearance on 'Cavuto: Coast to Coast.'
Source: FoxBusiness - 🏆 458. / 53 Read more »

Housing Market Has Gotten Better for Buyers in Two WaysMortgage rates have declined while prices are cooling, according to Redfin.
Source: Newsweek - 🏆 468. / 52 Read more »