Monthly Mortgage Payments Outpace Rental Costs Nationwide
Pro Builder
JUNE 23, 2022
In the Raleigh-Durham area in North Carolina, for example, the cost of owning was 42 percent higher than renting in April. and Phoenix. Nationally, the cost of owning is 31 percent higher than renting, but the disparity is greater in metropolitan areas where housing prices have surged, the report said. New-Home Sales.
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