If home prices continue rising at an annual pace of 3% to 4%, $1 million could become the new threshold for homeownership, NAR's chief economist said.
NAR chief economist Lawrence Yun projects the national median home price will reach $1 million by 2050, as millennials approach traditional retirement age.
Researchers report that 53% of European freestanding homes could have supplied all their own energy needs in 2020 using only local rooftop solar radiation, and this technical feasibility could ...
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