Economists' Outlook

Housing stats and analysis from NAR's research experts.

3rd Quarter Metro Home Prices

The National Association of REALTORS® quarterly home prices increased again this quarter. Prices continue to drift up this quarter and outpacing qualifying incomes. With less inventory, faster price growth may become a challenge for potential homebuyers. Here is a look at the metro areas for the top five most and least affordable of the third quarter 2017 as well as a look at the median existing single-family home price year over year percentage change for the top five highest and lowest growth metro areas of the third quarter 2017.

These are the most affordable metro areas for the third quarter 2017:


These are the least affordable metro areas for the third quarter 2017:


These are the top five metro areas that had the highest home price appreciation:


These are the bottom five metro areas that had a decline in home price appreciation:

price change


Comment Policy

The opinions expressed in reader comments sections on this website are those of the reader and not NAR or REALTOR® Magazine.

About Economists' Outlook

Visit this blog daily to see what NAR experts are saying about the economy, the housing market, and other factors that will impact your business.

Housing Minute

Housing Minute is a monthly video series highlighting the latest housing data from the National Association of REALTORS® in a minute or less.