Millennials have come a long way since their days of being called lazy or entitled. Despite reaching key milestones later than their parents once did, they are now wealthier than previous generations were at their age.
By many measures, millennials are doing remarkably well. Still, very few millennials would consider themselves wealthy →Inflation may have come down from its post-pandemic highs, but Americans are still feeling the effects of the rapid price rise in the last three years. And some places in the country are simply more expensive than others due to larger populations, more economic opportunities, desirable communities, and high taxes.
California alone has five of them, led by San Jose, where households spend nearly $3,700 dollars a month →In 2024, buying a home in the U.S. looks vastly different depending on where you are. Factors like local demand, land availability, economic conditions, and housing regulations all contribute to the median home prices in each state.
Which States Have the Highest Home Sales Prices? →Despite Canada having a population just 12% the size of the United States, the country was home to a majority of the fastest-growing cities between the two neighbouring countries.
Toronto is the Fastest-Growing City in Canada and the U.S. →This graphic shows the estimated cost of the American dream per household over the course of their lifetime, based on analysis from Investopedia.
The cost of the American dream exceeds the average lifetime salaries of both men ($3.3 million) and women ($2.4 million) with a Bachelor's degree →This graphic shows real home price growth in real estate bubble markets over the last decade
Where do American cities rank? →Million-dollar homes are becoming more common, with the U.S. having 621 cities where a typical home is worth $1 million or more.
This graphic shows the number of cities in each U.S. state where a typical home costs $1 million or more →There are an endless variety of ways to invest in real estate, from taking out a home mortgage to building a property empire that spans the country. While the latter is probably out of reach for most of us, there’s no shortage of other options.
Here are five strategies for adding real estate exposure to your investments →Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.
The UBS Global Real Estate Bubble Index →← Curating the web to find the most interesting and helpful information about your money.