
HOA fees have increased 50.5% since 2021, roughly twice the overall inflation rate, according to a new industry report.
Insurance costs are the biggest driver, rising 75%, while utilities have increased 63% and contributions to reserve funds have climbed 44%.
Condominium owners are being hit especially hard, and many homeowners say their associations aren't adequately explaining where their money goes.
You may have seen the recent report that a North Carolina communitys HOA fees had surged to $2,500 a month. While its an extreme case, its also part of an expensive trend.
Author: Mark Huffman
Source: Consumer Affairs
Posted: 2026-11-04 13:43:47














