Categories
Home Buying Home Prices Home Selling Real Estate

Home Price Appreciation

According to CoreLogic, Florida has shown the 2nd highest year on year home price appreciation amongst U.S. states. It trails only Arizona (28.3% vs 27.9%) based on the most recent data. See the graph below for the results by state.

CoreLogic is forecasting a drastic reduction in home price appreciation over the next twelve months (down to less than 4%) across our nation. While I hope the company is correct, my bias continues towards another year of significant home price appreciation.