The latest Home Price Index report has just been released by the Federal Housing Finance Authority.
They track home price appreciation for the largest metropolitan areas in the U.S. plus state by state appreciation.
Here is the ranking of the top three states for price growth over the last twelve months:
- Florida = 29%
- Arizona = 26%
- North Carolina = 25%
The bottom three states are:
- North Dakota = 10%
- Louisiana = 11%
- Minnesotta = 11%
Colorado came in at #19 with 18% price growth over the last 12 months.