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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

Mother Nature reigns supreme in the beautiful mountain town of Blairsville, located in the Appalachian Mountains. Delight in the explosion of autumn leaf color in the mountains or cuddle up in a cozy cabin during the winter. Outdoor lovers can hike endless trails, no matter the season; see breathtaking views atop Brasstown Bald, Georgia’s highest elevation; visit rushing waterfalls and relax on serene Lake Nottely. Enjoy horseback riding, golfing, and antiquing year round or plan your trip around one of many unique festivals. Blairsville's Town Square is frequently the venue for annual events such as the Downtown Spring Arts & Crafts Festival, the Memorial Day Parade, the Green Bean Festival, the Bluegrass Festival, the Sorghum Parade, Hometown Halloween on the Square, and the Christmas Parade. Everyone is invited to these family oriented celebrations! The homes around Blairsville are just as unique and wonderful as its residents. The abundant natural beauty all around acts as inspiration, so that no matter the price range, many quality homes in breathtaking settings are available. Blairsville is the place to be for outdoor fun. Nearly two-thirds of Union County is in the Chattahoochee National Forest. It includes Georgia's highest point, Brasstown Bald (with a visitors' center at the summit), Vogel State Park (the oldest and most popular state park in Georgia), and the Richard Russell Scenic Byway. The school system for Blairsville students, Union County Schools, are now recognized as one of Georgia’s Charter Schools, and has been named an “Outstanding School District” by Standard and Poors. Blairsville is an idyllic mountain town where nature is celebrated and good people are abundant.

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