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Zillow data shows the number of cities where entry-level homes exceed $1 million has more than tripled since 2020, driven by limited new construction.
thestreet.comU.S. cities now have starter homes valued at more than $1 million, according to Zillow data reported by CBS News. That figure is up from 80 cities in 2020. Zillow senior economist Orphe Divounguy attributed the rise to constrained supply.
“It’s a supply story,” he told CBS News' Major Garrett, citing a lack of new housing construction as the main factor pushing prices higher. The data reflect median values for entry-level homes across metropolitan areas tracked by Zillow. No other causes were specified in the report.
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Nbc NewsKensington Palace announced that the 12-year-old prince, second in line to the throne, will begin studies at the historic school this autumn.
Pope Leo welcomed the agreement on June 16 and expressed hope that remaining issues can be resolved through talks rather than renewed fighting.
manilatimes.netGlobal electric vehicle sales are expected to total 23 million units this year. The figure marks an 11 percent increase from 2025 levels amid higher fuel prices linked to the Iran war.