REALTORS® believe home prices will continue to escalate, particularly in the western region of the U.S.
REALTORS® expect the median price change in 10 western states—led by Washington, Utah, and Colorado—to increase between 5 percent and 7 percent over the next 12 months, according to April’s REALTORS® Confidence Index, which is based on survey responses from more than 3,400 REALTORS®.