Some housing markets are beginning to bounce back, according to data gleaned from Zillow.com and reported by CNN Money. Although home prices are down 4.4% nationwide this year, some markets are seeing very positive increases in home prices.
The markets with the best home price increases:
- Fort Myers, Fla., with a 5.1% increase and an average home value of $124,500
- Bay City, Mich., with a 4.6% increase and an average home value of $80,700
- Pittsburgh, Pa., with a 3.2% increase and an average home value of $110,700
- Destin, Fla., with a 2.9% increase and an average home value of $158,300
- Ann Arbor, Mich., with a 1.8% increase and an average home value of $169,800
For more information, click here.
Advertisement
Related Stories
Labor + Trade Relations
Who's Earning What in Construction
Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth
Build to Rent
Build-to-Rent Is Booming, Particularly in These Metros
A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development
Sustainability
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers