Each month, HVF Monthly Housing Market Report uses a number of leading real estate market-based indicators to report on activity in the single-family home markets in the top 200 metropolitan areas (CBSAs) in the U.S.
This month, four of the Top Ten housing markets earned perfect scores, according to SVI’s monthly analysis of the nation’s Top 200 CBSAs. The scores are calculated by summing the directional scores of multiple market indicators, and is meant to identify those metros which have the highest probability of price appreciation over the next 6 to 24 months.
The top four include Santa Rosa, CA, Salinas, CA, Rockingham County-Strafford County, NH, and Grand Junction, CO — all of which showed positive market trends across the board. See more of the stats below:
Interested in learning more about these four housing markets or another one of the top metros featured in this month’s market report? Contact SVI for more in-depth information on each CBSA included in this month’s report.
About SVI’s Monthly Market Report
The Home Value Forecast uses a ranking system that is purely objective and is based on directional trends of nine market indicators. Each indicator is given a score based on whether the trend is positive, negative or neutral for that series. For example, a declining trend in active listings would be positive, as will be an increasing trend in average price. A composite score for each CBSA is calculated by summing the directional scores of each of its indicators. From the universe of the top 200 CBSAs, each month we highlight topics and trends in the real estate market.
