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REALTORS®’ Expect Continued Home Price Growth in Most States in the Next 12 Months

In the monthly REALTORS® Confidence the neighborhood or area where you
property prices over the next year? Among REALTORS® who responded to the March 2017 survey, the median expected home price change in the next 12 months was four percent (3.8 percent in February 2017; 3.7 percent in March 2016), based on the March 2017 REALTORS® Confidence Index Survey Report up home prices.

The map below shows the median expected price change of the respondents in the next 12 months at the state level.[2] Thirteen states, led by Washington, Colorado, and Utah, had median expected price growth in the range of four to seven percent. The oil-producing states of Alaska and North Dakota have respondents expect a decline in Alaska home prices and growth of two percent in North Dakota in the next 12 months.
Looking at the values over time in selected states, the median expected price change appears to be increasing again, indicating that respondents expect demand to remain strong, even as home prices continue to rise.
expected price change in the next 12 months is higher than the expected price change one year ago. Commentaries, by Scholastica (Gay) Cororaton, Research Economist Index Survey, the National Association of REALTORS®
make most of your sales, what are your expectations for Report. [1] Lack of supply amid strong demand has propped the lowest median expected price change rise.[3] In many states, the on asks members “In residential


[1] The median expected price change is a measure that represents the middle value of the distribution of responses.
[2] To increase the number of observations for each state, NAR uses data from the last three surveys.
[3] The selected states shown in these charts are those with approximately 150 observations.
Scholastica (Gay) Cororaton, Research Economist

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About Area

Hayesville, North Carolina is a small city in the extreme southwestern mountains of North Carolina. The city itself consists of about half a square mile of land, all of it being land. Just to the north of Hayesville, the Hiawassee River flows westward into the Rocky Mountains and Tennessee. Downtown Hayesville consists of the original historic courthouse and jail, which have been converted into a museum. There are also many unique shops and restaurants, and the idyllic little town square plays hostto many different concerts, festivals, and fun events throughout the year. Some of the most popular attractions in Hayesville consist of outdoor activities, as the Good Lord saw fit to make this area of the world a beautiful and wonderful outdoor playground. Hiking and biking trails abound, as well as tubingand fishing on the river and Fires Creek. Heritage of the mountain people as well as the Cherokee people before them is celebrated and memorialized in a couple different sites. And agritourism is a popular attraction offered by many of the local farms. The landscape here is absolutely picture perfect. Tall blue mountains rise up in the distance on all sides, while much of Hayesville is level to hilly farm and pasture land. It is truly a beautiful site for a home or just to sit back and relax in perfect peace. Many people who come to this area to visit are here to unwind and escape the daily grind. If, however, you would like to make this paradise a more permanent escape, contact Best Mountain Deals today. The people of Hayesville are always ready to welcome a new neighbor, and our team of agents most definitely have the best listings currently offered.

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