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The 10 Crowning Markets of the Spring Season

The 10 Crowning Markets of the Spring Season
Article by Daily Real Estate News | April 18, 2017

Which housing markets are emerging as top performers this spring season? Ten X, an online real estate marketplace vendor, factored in pricing, sales, affordability, permit activity, economic and demographic growth, and forward-looking data such as economic and population forecasts, to come up with a list of housing market champs for this spring.

They are listed below, along with year-over-year changes in seasonally adjusted median prices and sales of existing homes:

Tampa, Florida
Home prices: +13.12%
Home sales: +7.31%
Dallas, Texas
Home prices: +10.64%
Home sales: +2.94%
Columbus, Ohio
Home prices: +9.60%
Home sales: +6.62%
Las Vegas, Nevada
Home prices: +9.67%
Home sales: +11.37%
Jacksonville, Florida
Home prices: +11.86%
Home sales: +7.27%
Nashville, Tennessee
Home prices: +9.08%
Home sales: +10.63%
Raleigh, North Carolina
Home prices: +8.56%
Home sales: +7.95%
Orlando, Florida
Home prices: +7.31%
Home sales: 7.95%
Portland, Oregon
Home prices: +11.12%
Home sales: 9.29%
Salt Lake City, Utah
Home prices: +8.62%
Home sales: +11.10%

Source: “The 15 Hottest Housing Markets of Spring ’17,” National Mortgage News (April 17, 2017); REALTOR® Magazine Online, Daily Real Estate News 041817

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