The U.S. has more ‘million-dollar’ cities than ever. Here’s where they are
www.thehill.com
The U.S. now boasts a record 550 “million-dollar” cities, where the typical home is worth $1 million or more, according to a new analysis by Zillow.

cross-posted from: https://lemmy.world/post/14660661

California had the most cities with homes valued over $1 million, totaling 210. New York had 66, while New Jersey — which experienced the largest year-over-year increase — had 49.

Zillow noted that limited housing inventory keeps pushing home values up, and according to the National Association of Realtors, prices are expected to remain elevated this spring.