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:
1. Tampa, Fla.
- Home prices: +13.12%
- Home sales: +7.31%
2. Dallas
- Home prices: +10.64%
- Home sales: +2.94%
3. Columbus, Ohio
- Home prices: +9.60%
- Home sales: +6.62%
4. Las Vegas
- Home prices: +9.67%
- Home sales: +11.37%
5. Jacksonville, Fla.
- Home prices: +11.86%
- Home sales: +7.27%
6. Nashville, Tenn.
- Home prices: +9.08%
- Home sales: +10.63%
7. Raleigh, N.C.
- Home prices: +8.56%
- Home sales: +7.95%
8. Orlando, Fla.
- Home prices: +7.31%
- Home sales: 7.95%
9. Portland, Ore.
- Home prices: +11.12%
- Home sales: 9.29%
10. Salt Lake City
- Home prices: +8.62%
- Home sales: +11.10%
Source: “The 15 Hottest Housing Markets of Spring ’17,” National Mortgage News (April 17, 2017)
