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Buying is officially cheaper than renting in 15 of the 50 largest US metros and that number is growing, despite double-digit home price increases in some cities. 

A recent analysis from Realtor.com shows that Cleveland, Chicago, Pittsburgh, Riverside, Calif. and Miami are the top markets where it’s cheaper to buy than to rentand an additional nine markets are within 5% of flipping in favor of buying over renting. Those cities include Atlanta, Orlando, Birmingham, Phoenix, Buffalo, Memphis, Washington, D.C., Las Vegas and Milwaukee. 

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