The typical US home could cost $1 million by 2050, according to an economist

Source: Business Insider

By 2050, the US median home-sale price could be $1 million, according to a forecast from NAR's economist. d3sign/Getty ImagesData from NAR shows the median sale price of an existing home was $429,300 in June. The median single-family home sale price could hit $1 million by 2050, according to an economist.

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