Record 242 US cities now have $1m starter homes as crisis spreads to Northeast
New York and New Jersey added 15 cities in one year; first-time homebuyer age hits record 40
A record 242 U.S. cities now have starter homes priced at $1 million or more, triple the number before the pandemic, according to a Zillow report. The Northeast is the fastest-growing region, with New York and New Jersey adding 15 cities to the list in the past year alone.