A record 242 U.S. cities have entry-level homes priced at $1 million or more and just under half of the cities are in California, a new report from Zillow found. CBS News business analyst Jill Schlesinger breaks down housing market prices, mortgage rates and more.
Us News
These U.S. cities have $1 million entry-level homes, a report finds. Is this the new norm?
A record 242 U.S. cities have entry-level homes priced at $1 million or more and just under half of the cities are in California, a new report from Zillow found. CBS News business analyst Jill Schlesinger breaks down housing market prices, mortgage rates and more.
Published June 16, 2026, 1:06 PM
Updated June 16, 2026, 1:18 PM2.9K
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