US home prices rebounded 4% over the last year, with New York and Connecticut showing even higher appreciation rates of 7% and 11.3%, respectively.
Dave Meyer identifies climate resilience as a significant factor for favoring New York and Connecticut in future housing market trends, predicting a solid 10-to-20-year outlook.
Home price growth in western New York cities like Rochester and Buffalo has outperformed the national average, with some cities seeing appreciation as high as 48%.
Meyer expresses skepticism about the sustainability of migration trends to southern states, arguing that regions like western New York have more infrastructure and resilience.
Collection
[
|
...
]