Even Mobile-Home Prices Keep Rising
New York Times, Dec. 19, 2024-Matt Yan
The U.S. housing market is on track for its second straight year of historically sluggish sales, the result of scant inventory, high prices and stubborn interest rates. Many prospective buyers are sticking with the rental market, but even people considering more affordable options are facing headwinds: According to a study by LendingTree, the average price of new manufactured homes — also know as mobile homes — is rising faster than that of new single-family homes.
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