Home prices are near record highs in many markets, and a booming economy and low unemployment are offering promises that the housing market will continue to roar. Sixty-four percent of American adults say they believe home prices will continue to rise in their market this year, which is the highest percentage since prior to the Great Recession, according to a recent Gallup survey.
Experian, a consumer credit reporting agency, recently identified the states with the largest home loan growth. The charts below show state-by-state breakdowns of activity.
Source: “These States Have the Hottest Real Estate Growth,” Experian (May 31, 2018)
