Forecast Projects a 5.3 Percent increase by May 2017

house w:palmsHome prices are up, both year-over-year by 5.9%, and month-over-month by 1.3%, comparing May 2016 to May 2015. Although foreign interest peaked last year, local home prices will still increase by another 5.3% year-over-year, from May 2016 to May 2017.

Housing remains stable with home prices rising year-over-year between 5% and 6% for 22 consecutive months.  The highest resale activity in nine years and a still-tight housing inventory continues to drive consistent growth in the housing market.

The Sign of Respect
Auburn Properties

 Realty and Management

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