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flag Over 200 U.S. cities now have starter homes priced at $1 million, tripling in five years due to a housing shortage and rising costs.

flag Zillow data shows that over 200 U.S. cities now have starter homes priced at least $1 million, nearly tripling from five years ago. flag This trend is driven by a housing shortage, slowed construction due to the pandemic, and rising costs like mortgage rates and insurance. flag The increase makes homeownership especially challenging for first-time buyers.

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