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Why are home prices so high?

Why are home prices still so high? Seems like buying a home is out of reach with these prices. All the home I look at online are so expensive and way more than what I looked at a few years ago.
Asked By Susan | Dallas, TX | 216 views | Buying | 1 year ago
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Adrian Tridel

Adrian Edwards

(33)

Home prices are high mainly due to a combination of low supply of available homes and high demand driven by low mortgage rates and demographic factors.

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