Pursuits
Home Prices in These Midwestern Cities Are Outperforming New York
Where Are Americans Migrating to Most?
This article is for subscribers only.
Some of the U.S. housing recovery’s biggest price gains can be found in the Rust Belt, the swath of the Midwest devastated by decades of factory closings.
The median home price has surged 75 percent in the metropolitan area of Lansing, Michigan’s capital, in the past three years, according to second-quarter data from the National Association of Realtors. Prices in South Bend, Indiana, have jumped 47 percent, and the increase in the Minneapolis-St. Paul area is 42 percent -- more than double the gains of Boston, New York or Washington in the same period.