Business

The typical US home could cost $1 million by 2050, according to an economist

If home prices continue rising at an annual pace of 3% to 4%, $1 million could become the new threshold for homeownership, NAR's chief economist said.
If home prices continue rising at an annual pace of 3% to 4%, $1 million could become the new threshold for homeownership, NAR's chief economist said.

This article was originally published at: https://www.businessinsider.com/median-usa-home-could-cos...