$1 Million Starter Homes in 268 U.S. Cities Signal Housing Affordability Crisis
The number of U.S. cities where starter homes are priced at $1 million or more has risen sharply, from 80 in 2020 to 268 today, primarily due to zoning delays and rising construction costs. This trend reflects worsening housing affordability despite builders showing increased confidence by shifting toward build-to-order models.
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