As we have said before, “real estate follows jobs”. So it should come as no surprise that the states with the highest yearly price gains so far this year, are all states where employment is strong. The top three states for yearly real estate appreciation nationally are Washington, Colorado, and Oregon. According to data firm, CoreLogic, home prices in those states rose 12.4%, 10.5% and 9.3% respectively, over the previous 12 months.
Of particular interest to us here at Real Estate Investments Northwest, is that Oregon ranked third in the nation. That should give any investor looking to partner with us great confidence knowing that our real estate market is showing a position of strength.
The following is a list of all states:
State Yearly Change
Alabama 2.9%
Alaska 3.2%
Arizona 6.6%
Arkansas 3.0%
California 7.5%
Colorado 10.5%
Connecticut 2.9%
Delaware 4.1%
District of Columbia 4.4%
Florida 10.2%
Georgia 6.0%
Hawaii 7.8%
Idaho 8.4%
Illinois 2.5%
Indiana 4.7%
Iowa 4.3%
Kansas 2.9%
Kentucky 3.3%
Louisiana 0.5%
Maine 2.8%
Maryland 2.2%
Massachusetts 3.3%
Michigan 5.7%
Minnesota 4.5%
Mississippi 2.6%
Missouri 5.7%
Montana 6.3%
Nebraska 4.7%
Nevada 8.6%
New Hampshire 4.9%
New Jersey 1.6%
New Mexico 5.3%
New York 4.0%
North Carolina 4.6%
North Dakota 6.2%
Ohio 4.1%
Oklahoma 3.0%
Oregon 9.3%
Pennsylvania 3.7%
Rhode Island 6.9%
South Carolina 8.2%
South Dakota 7.0%
Tennessee 7.5%
Texas 6.9%
Utah 7.8%
Vermont 3.8%
Virginia 2.2%
Washington 12.4%
West Virginia 0.5%
Wisconsin 5.0%
Wyoming 5.0%
National 6.8%
