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Home Prices Hit Record Highs
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America's Affordable Housing Crisis
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Overview
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US home prices reach record high in January, up 6% annually, with San Diego surging at 11.2%. However, high mortgage rates hinder growth in major metro areas like Minneapolis.
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How might the trend of increasing home prices impact the accessibility of homeownership for the average American?
In what ways could the housing market adapt to ensure sustainable growth amidst fluctuating mortgage rates?
What strategies could potential homebuyers employ to navigate the challenges posed by high mortgage rates?
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