REALTORS® predict highest price hikes in West; greater than 5% to 7% in Arizona

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®.

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