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These U.S. cities are where homebuyers compete for the oldest homes. Hurst Photo / Shutterstock.com
Editor’s Note: This story originally appeared on Construction Coverage. Today’s real estate market is a challenging one for buyers. While home prices have relaxed since their peak in the COVID-19 pandemic, the typical cost of a home in the U.S. has risen by more than 33% over the last three years. Mortgage rates today are at their highest levels in more than two decades.