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For the first time ever, it now costs more per square foot for a home in the suburbs than it does for a home in the city. Redfin has been tracking this data since 2018, and says that the pandemic-inspired migration to the suburbs is still going strong, and that a typical suburban home now costs a dollar more per square foot than its urban counterpart. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. As you know, homes in the suburbs were in high demand during the pandemic because people wanted space to work remotely and a place for their kids to play outside. While demand grew for the suburbs, it weakened for the cities, along with home prices. Although home prices in the city rebounded during the pandemic’s aftermath, demand continues for suburban homes, especially among millennials who can work from home and want to raise families in areas with good school systems. One Dollar More Per Square Foot The Redfin analysis on the cos