CNN CNN Newsroom With Poppy Harlow and Jim Sciutto March 31, 2022 13:33:00
19.2% from the year before. that's -- look, december was up 18.9%. some of these cities, like, if you're moving to phoenix, and you're trying to be a home buyer in phoenix, almost 33% home price increase. san diego, i can see, that tends to be a hot housing market. dallas up almost 30%. tampa, miami, just across the board here, couple of things, labor costs are high, there are construction shortages. so, you know, in terms of building a house it costs more to build the house. they're passing that cost on to you. but essentially there is way more demand than there is supply for homes, for first...
Source: archive.org