Cities With The Highest Home Value Growth

February 6, 2017

Healthy job markets and historically low mortgage rates have improved home prices, especially in popular mid-size markets such as Denver, Detroit, and Phoenix.

Business Insider sorted the 15 cities with the highest home value growth over the past year, through the S&P/Case-Shiller index and data from Zillow.

Portland led the list, as home values increased 13.8 percent last year to a median value of $354,400. Tampa was second with 11.8 percent growth for a median value of $179,600.

"National home prices continue to grow at a rapid clip, largely driven upward by the now-familiar forces of high demand from home buyers and limited supply of homes available for sale," Svenja Gudll, Zillow chief economist said after the report.

Read more


PB-Sales,PB-Economics,PB-Industry Data + Research,PB-Single Family Homes