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June 10, 2019
WASHINGTON (AP) — Home prices in 2018 climbed 4.5%, while incomes grew 3.2%, according to CoreLogic real estate figures and government wage data.
This gap is widening at a slower pace compared to recent years as gains in average hourly earnings have risen. Meanwhile, a slowdown in homebuying since 2018 has limited price gains in real estate and improved affordability.
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