【Zillow】Bottom Tier in Top Gear: Why the Most Affordable Homes are Gaining Value the Fastest

• In a majority of the nation’s 50 largest metros, homes in the most-affordable market segment are appreciating in value the fastest, indicating that the demand for the least expensive homes is strongest in many parts of the country. 
• In Midwest metros including Cleveland, Detroit and Indianapolis, there is relatively more demand at the low end of the market, and the gap between appreciation rates across the top and bottom of the market is growing. In other areas, including Boise, Charleston and Dallas, demand is largely uniform across segments, and spreads between appreciation rates are tightening.
• In Austin, top-tier home values have grown faster than low-tier home values in every month since March 2020, a reversal of the overriding trend in most other markets. 

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