The Cost of Buying a Home Is up 50% From 2021
Pro Builder
MAY 16, 2022
Housing supply is limited across the U.S. Rising rates have inflated monthly mortgage payments by 50% in just one year, and popular metros like Miami are even seeing year-over-year mortgage payment increases of over 80%. Homebuyers in 2022 are spending 1.5 A year ago, they were roughly $1,249. Affordability. New-Home Sales.
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