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Here’s The Salary You Need To Buy A House In 27 Major Cities

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Here’s The Salary You Need To Buy A House In 27 Major Cities

Home prices went up in about half of the metro areas compared to the previous three months, according to HSH. Still, the income needed to buy a home dropped in all but four metro areas due to lower mortgage rates across the board. However, it doesn’t look like homebuying costs will continue going down ― mortgage rates have spiked after Trump’s win, “with investors anticipating faster expansion and inflation from Trump’s policies,” Bloomberg explains.