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These major metro areas have the highest home price-to-income ratios in America.
While year-over-year wage growth in the U.S. remains above pre-pandemic levels, the benefit of rising wages for most households has been limited by increasing prices in many consumer categories. The U.S. Bureau of Labor Statistics is still reporting price increases of nearly 3% — notably above the 2% target inflation rate. Recent increases in the CPI primarily came from increases in the cost of…
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