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What's the item?

Housing

How has the price changed since before the pandemic?

Up 56% since Feb. 2020, according to the National Association of Realtors.

Why has the price gone up?

Low mortgage rates and work-from-home policies spurred a homebuying rush in the first two years of the pandemic, causing home prices to spike. Then mortgage rates shot up in 2022 and homebuying slowed significantly. But prices have stayed high as many current homeowners have locked in low mortgage rates and aren't in a hurry to sell.

For Ava Rimal, t

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