Stronger demand amidst lagging inventory levels caused home prices to continue accelerating in most  metropolitan areas. Among 177 metropolitan areas, 92% of them experienced an increase of home prices in the third quarter of 2017. We compared the local market conditions in these areas from a year earlier and we identified which metro areas had the highest gains in home prices, employment and construction:

 Q3 Winners

Where does your metro area stand?  For more information on recent trends in your metro area, see the Local Market Reports for the third quarter of 2017. NAR Research produces each quarter the Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation’s largest metropolitan housing markets.

Source: Economy

Copyright NATIONAL ASSOCIATION OF REALTORS®. Reprinted with permission.

This Article Appears Courtesy of Steven Diadoo

Steven Diadoo, Licensed Realtor in MN with BRIDGE REALTY and best-selling author of 'Road to Success' with Jack Canfield (Chicken Soup for the Soul), Board Member at Bowling for Brains Non-Profit 501(c)3 (Event to benefit the American Brain Tumor Association), licensed Realtor with Bridge Realty, Seen on DIY TV, Create Channel and PBS. For help buying and/or selling a house, please call (952) 270-6141 or Click here.