Top 10 U.S. areas with rising real estate prices
West Virginia leads list with 8.6% year-over-year growth in August
By Inman News, Friday, October 7, 2011.
Home prices increased in 12 states and Washington, D.C., on a year-over-year basis in August, according to a home-price report released this week by property data firm CoreLogic.
West Virginia led all states with an 8.6 percent rise in home prices, followed by Wyoming at 3.6 percent, and North Dakota at 3.5 percent. The CoreLogic Home Price Index tracks price changes in repeat sales of homes.
CoreLogic August Home Price Index (year-over-year change)
| State/district | All single-family | Excluding distressed sales |
| West Virginia | 8.6% | 10.7% |
| Wyoming | 3.6% | 2.4% |
| North Dakota | 3.5% | 4.2% |
| New York | 3.2% | 3.6% |
| Alaska | 2.2% | 3.1% |
| South Dakota | 1.5% | 0.6% |
| Washington, D.C. | 1.3% | 1% |
| Nebraska | 1.1% | 1.1% |
| Kansas | 1% | 3.7% |
| Indiana | 0.8% | 2.2% |
Source: CoreLogic August Home Price Index.
View the full report: "Home-price index falls 4.4 percent in August."
| Contact Inman News: | |||
 Email |  Letter to the Editor | ||
Copyright 2011 Inman News
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
You must login or register to post a comment.
Submitted by Gary Ashton on October 15, 2011 - 8:01am.
Hopefully as the other areas of the country see the home values rising, it will help spark the trickle down effect to other states as people relocate from these top states.
With a buyer that has successfully negotiated a sale of their home, and actually seen an increase in demand for their home, and as a result negotiated a higher selling price than in recent months, the mindset of the seller, now buyer, may change from that of some one looking to strike as hard a bargain as possible to a buyer that is happy to negotiate and end up with a reasonable deal...with out feeling like the seller has had to accept the fact that they are in a buyers market.
It may be a subtle difference, but this could spark the start of a positive trend in real estate sales and in the long term a swing back to a sellers market
Gary Ashton
The Ashton Real Estate Group of RE/MAX Elite in Nashville TN
Submitted by Steve Plant on October 27, 2011 - 4:41pm.
This has to be a sign that the economy is turning around in a good way. I know business seems to be picking up in my corner of Colorado.
Steve Plant
http://www.findlittletonrealestate.com