Best Cities for Real Estate Investment by GRM (Price/Rent Ratio) in Q4 2024
SparkRental
NOVEMBER 22, 2024
home prices went on quite a ride—going from $250,000 to $400,000 during the pandemic years before cooling off in late 2022. median home prices were at $420,400, roughly a 3% decrease from last year. This compares with the annual pace of 3.13% seen in 2023 and is more normal than the frothy 7.45% growth in 2022.
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