Low-Cost Cities With Strong Economies Remain Attractive as Housing Market Slows

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Low-cost cities with strong economies fared well in the second quarter, as high prices and rising mortgage rates caused a swift slowdown in the housing market

Remote workers willing to relocate help push small, affordable areas to the top of the latest WSJ/Realtor.com index

Elkhart, Ind., returned to the top of the rankings in the latest Wall Street Journal/Realtor.com Emerging Housing Markets Index.Low-cost cities with strong economies fared well in the second quarter asAs remote or hybrid work schedules have become more common, households are willing to relocate for cheaper housing or a better quality of life.

 

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