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Housing Prices are Skyrocketing

February 6, 2022

Across the board, it’s getting harder to find affordable housing. For wannabe homeowners, average prices went up about 20 percent last year. And in some cities, like New York and Austin, rental prices have jumped as much as 35 to 40 percent. Soledad O’Brien sits down with Frank Nothaft, chief economist at Core-Logic, to discuss what’s driving these prices and whether they’ll stabilize in the near future.

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