Americans are still on the move, crossing state borders and changing cities to move to where the warm weather and low tax rates beckon. But some of the most popular migration destinations for homebuyers—Phoenix, Tampa and Atlanta—have the highest inflation rates in the US, according to Redfin.
Redfin deputy chief economist Taylor Marr explained that not every part of the country is experiencing inflation the same way.
"It's having an especially big impact in places like Tampa and Phoenix, which are attracting the most new residents and seeing double-digit increases in prices overall and even bigger increases in housing costs, Marr said in prepared remarks.
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