Significant Findings

  • Home prices rose in 48 states and the District of Columbia between the second quarter of 2016 and the second quarter of 2017.  The top five states in annual appreciation were:  1) Washington 12.4 percent; 2) Colorado 10.4 percent; 3) Idaho 10.3 percent; 4) Florida 9.4 percent; and 5) Utah 9.2 percent.
  • Among the 100 largest metropolitan areas in the U.S., annual price increases were greatest in the Seattle-Bellevue-Everett, WA (MSAD), where prices increased by 15.7 percent.  Prices were weakest in New Haven-Milford, CT, where they rose by 0.1 percent.
  • Of the nine census divisions, the Pacific division experienced the strongest increase in the second quarter, posting a 2.6 percent quarterly increase and a 8.9 percent increase since the second quarter of last year.  House price appreciation was weakest in the Middle Atlantic division, where prices rose 0.8 percent from the last quarter.

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