Economists' Outlook

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REALTORS® Expect All States to Post Price Gains in Next 12 Months

Based on responses to the November 2012 REALTORS® Confidence Index Survey, all states are expected to see home price increases in the next 12 months. The graph below shows the median expected price change for the next 12 months. The states are classified into “low” (0.5% - 2.4 %), “middle” (2.4- 2.9%), and “high" (2.9 -5.6%) expectations.

  • States that suffered heavily during the housing bust, such as California, Nevada, Texas, and Florida, are in the group of states expecting the highest prices increase, as much as about 5 percent (upper third).
  • Most Northeastern states, including New York, are expecting the lowest price increase.
  • Across all states, the median expected price change for the next 12 months is 3.1 percent.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

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