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NYC now ranks as the hardest place to buy a home for first-time buyers

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Emily Fu
October 2, 2026
Market TrendsSource: NewsAPI

New York City is the hardest major US market for first-time homebuyers, who would need 65.2 years to save the typical $265,000 down payment.

New York City is the hardest major US market for first-time homebuyers, who would need 65.2 years to save the typical $265,000 down payment....

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Originally published by Emily Fu

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