Despite Slowdown In Housing Market, These 10 Cities Have Seen The Biggest Price Growth From 2021 To 2022
Despite Slowdown In Housing Market, These 10 Cities Have Seen The Biggest Price Growth From 2021 To 2022
Abstract
The housing market in the U.S. really took off in the pandemic's second year (2021), with high demand and homes flying off the shelves. McKinney, Texas McKinney is another star of the Texas housing market. Salt Lake City, Utah, recorded a year-over-year growth in home prices of 35.6%: From a median sale price of $450,000 in May 2021 to $610,000 to $600,000. In May 2021, the median number of days on a home was 17 days and 19 days in May 2022. Enterprise, Nevada Enterprise is the first of three Nevada cities to make this list. The number ofDays on the market of a home for sale has remained low since 2020.
