Problem: Explain why housing prices vary from city to city. Clearly explain how supply and demand affect the prices of the homes.
I have done the research on various markets but I and the cost of housing but I am not sure how to explain why the prices vary.
Washington, DC |
Atlanta |
Denver |
New Jersey |
San Francisco |
$350,000 |
$135,000 |
$169,000 |
$279,900 |
$489,000 |
$350,000 |
$139,900 |
$170,000 |
$285,000 |
$350,000 |
$359,900 |
$144,000 |
$170,000 |
$319,000 |
$338,888 |
$353,300 |
$139,633 |
$169,667 |
$294,633 |
$392,629 |