As remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than in the rest of the country, according to a new report from Redfin. Average rental prices rose 17.1% year over year nationwide to $1,893 in popular second-home markets in April. That’s compared with a 10% increase to $1,484 in places that aren’t considered second-home destinations. Home and rental prices skyrocketed in Cape Coral, Naples, Phoenix, Las Vegas and Myrtle Beach, South Carolina, the top five second-home markets in the nation. Rental prices have increased by 25% year over year or more in four of those five areas, with Myrtle Beach being the exception, and sale prices have increased by at least 25% in all five. Prices have increased sharply year over year in Cape Coral and Naples, where rental prices grew 41% and 37.7%, respectively, and sale prices rose 38.2% and 37.6%.