In Akron, Ohio, house prices have risen by 10.1 per cent over the past year. In Albany, New York, the increase has been 11.7 per cent. Albuquerque, New Mexico, has seen a similar surge of 11.6 per cent.
And that is just the American cities beginning with an A.
“You could throw a dart at a map and it wouldn’t matter where it landed because the housing market there is probably hot,” says Ali Wolf, chief economist at Zonda, a housing market research company in California.
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