Dell Rapids
Real Estate
Rapid rise in South Dakota home prices is ‘not sustainable,’ economist says
SIOUX FALLS — Average first-time homebuyers can expect to spend about two-fifths of their pre-tax income on a monthly payment for a house in South Dakota. “This situation is unheard of,” said Dakota Institute CEO Jared McEntaffer. He addressed the Governor’s Conference on Economic Development on Wednesday at the Sioux Falls Convention Center. McEntaffer called home […] The post Rapid rise in South Dakota home prices is ‘not sustainable,’ economist says appeared first on South Dakota Searchlight.
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