In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months.
Here are state maps for each category:
The Past – home appreciation over the last 12 months:
The Present – home appreciation over the last month:
The Future – home appreciation projected over the next 12 months:
Homes across the country are appreciating at different rates. As I have mentioned before, the rate of home price appreciation across the country is due to a strong housing market reacting to supply and demand, and not a new housing bubble.
If you plan on relocating to another state, and are waiting for your home to appreciate more, you need to know that the home you will buy in another state may be appreciating even faster.
Ready to buy or sell? Let’s meet so that I can guide you through the next steps and help you decide what’s right for you.
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About Carol Juntunen: My name is Carol Juntunen and I’m a Realtor® with Baird & Warner in the Chicago northwest suburbs. My intention is to provide insights and information to empower you to make informed real estate choices and decisions, and guide you through the home buying, selling or renting process. Contact me: Website: www.caroljuntunen.com Email: email@example.com Cell: 224-523-2217