Home prices are held down by COVID-19 in big cities while climbing sharply in less crowded areas

The housing market has been booming during the COVID-19 crisis, but America’s cities are taking it on the chin.

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And while big cities like New York and San Francisco, in particular, are struggling with falling prices, values in less densely populated cities such as Phoenix and Charlotte, North Carolina, are holding up fairly well, a new analysis shows.

The study underscores that the spread of the virus and the trend toward remote work are driving the housing market, and may continue to restrain price growth in very crowded urban areas while boosting gains in more suburban areas for some time.

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Since the virus began to take a significant toll on public health and the economy in March, many Americans have been fleeing cities for suburban and rural areas both to minimize the risk

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T-Mobile is expanding its rural home internet service to 450 more areas



a cake sitting on top of a table: T-Mobile is bringing its LTE home internet service to more people. Angela Lang/CNET


© Provided by CNET
T-Mobile is bringing its LTE home internet service to more people. Angela Lang/CNET

T-Mobile has announced an expansion of its Home Internet pilot to 450 more areas, which it says covers 20 million households. The service uses T-Mobile’s 4G LTE network and was launched as an invite-only pilot in rural areas in March last year, with the carrier saying it’s now opening the service to non-T-Mobile customers.



a cake on a table


© Angela Lang/CNET


T-Mobile’s home internet service is $50 per month, with a no-cost hardware lease and no data caps.  

“We’re understanding this massive expansion … at a time when our connection to the Internet is so vital — for work, remote school, connection with family and friends,” said T-Mobile CEO Mike Sievert.

You can see a list of the new cities and towns online, but it’s now live in certain areas of 27 states.

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