What is the significance of the National Association of Realtors in the context of real estate?
Home Prices See Double-Digit Growth In Last Quarter Of 2021
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The video discusses the growth in average home prices in 183 metro areas, with 67% experiencing double-digit increases. It also covers the financial implications of a typical single-family home mortgage, which requires a $12,140 monthly payment with a 20% down payment, representing about 17% of the median family income.
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In how many metro areas was the growth in average home prices observed?
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