Las Vegas topped a new list of top housing markets in 2018 with predicted sales growth of 4.9 percent, median home price of $285,045, and predicted price growth of 6.9 percent.
"People are going to continue to seek out pockets of affordability that remain in the market," says Danielle Hale, chief economist of Realtor.com. "A lot of these places are more affordable than surrounding areas, yet still have strong economies. Even though prices are expected to grow, most of these markets will still remain relatively affordable in 2018.”
Realtor.com's economic data team took a look at the number of sales of existing homes and their prices, along with the amount of new home construction in the 100 largest markets. We also analyzed the local economies of each area, along with population trends, unemployment rates, median household incomes, and other factors.
