Atlanta, the 10th most popular migration destination in the fourth quarter, saw prices of goods and services increase by 8.9% year over year during the same period, the highest inflation rate of all the metros included in Redfin's analysis.
It's part of a trend that the most popular US migration destinations tend to have high rates of inflation, at least as of now, according to the real estate brokerage firm.
Additionally, Phoenix, with an 8.4% year over year increase in prices, came in No. 2 for both inflation and migration in the fourth quarter. In Tampa—the fifth most popular destination—prices rose 8% year over year, the third highest inflation rate.
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