Why housing prices vary from city to city


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

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Microeconomics: Why housing prices vary from city to city
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