Real Estate Frenzy Continues Despite Slowing Growth

The real estate market continues to see growth, but at a slower pace, as buyers compete for a limited supply of affordable properties. The typical home value in the United States was $349,216 in February, an increase of 4.2% from the year before. However, increasing mortgage rates have slowed growth, with prices even declining in some places. The cities with the fastest-growing home prices in the Tampa-St. Petersburg-Clearwater, FL metro area are listed.

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