AUSTIN, Texas, Feb. 18, 2025 /PRNewswire/ — Most metros have become more affordable for both buyers and renters in the past year; however, renting a median-priced unit is still more affordable for median wage earners than buying the median priced for-sale listing in all major U.S. metros except Detroit and Pittsburgh, according to the Realtor.com® January Rent Report. Last January there were six markets where buying was less expensive than renting, which shows the impact of the consistent retreat of rental prices and the persistence of high mortgage rates. Over the past year, the market as a whole has moved in a more renter-friendly direction. 

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