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I have no pulse on the market, but I wonder what sort of factors contribute to the higher average selling price.
For example, how much of the average price is affected because the buying population is now skewing to those that are in a better financial position and more insulated from rising interest rates?
The average monthly payment of $797 while the average sale price of ~$67k works out to roughly 84-month loans assuming no interest... Yikes.
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