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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

Blairsville, Georgia is the county seat of Union County, in the Northeast Georgia mountains, and 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. There are many exciting destinations in and around Blairsville, like Meeks Park, Butternut Creek Golf Course, Lake Nottely, Helton Creek Falls. The county recently completed construction on a multi-million dollar facility at Butternut Creek Golf Course which acts as a pro shop, grill, Chamber of Commerce, and a gorgeous reception area that can be rented for an type of event. It sits above the golf course and offers an incredible view. In 2011, Blairsville was designated as an official Appalachian Trail Community. This designation recognizes Blairsville for its part in promoting awareness of the Appalachian Trail as an important national and local resource. In 2007 Blairsville was recognized as a Georgia Better Hometown, largely due to the community volunteer efforts of the Downtown Development Authority of Blairsville. Blairsville has many dedicated individuals and organizations that work together to make the city a great place to live. Welcome to Blairsville, Georgia!

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