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Data Centers and Housing: It’s Complicated | Real Estate News

Data centers aren’t simply driving housing prices up or down—they’re reshaping local economies in complex, region-specific ways. A new NAR report reveals no universal impact: thriving counties with strong pre-existing economies see higher home values and incomes, likely due to broader trends, not the data centers themselves. Meanwhile, commercial real estate is clearly benefiting—with half of respondents noting increased property values and demand, plus a boost in construction spending. But there’s a catch: utilities like electricity and water are getting more expensive in areas packed with…

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