{"id":6435,"date":"2017-09-28T00:00:00","date_gmt":"2017-09-28T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-pros-say-prices-to-continue-to-escalate\/"},"modified":"2017-09-28T00:00:00","modified_gmt":"2017-09-28T00:00:00","slug":"real-estate-pros-say-prices-to-continue-to-escalate","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-pros-say-prices-to-continue-to-escalate\/","title":{"rendered":"Real Estate Pros Say Prices to Continue to Escalate"},"content":{"rendered":"

\n<\/p>\n

\n <\/p>\n
<\/p>\n

Home prices likely will continue to rise over the next year as buyer demand continues to outstrip supply in many markets, according to the August 2017 REALTORS\u00ae Confidence Index.\u00a0<\/p>\n

\n

Read more<\/strong>: Fewer New Homes<\/a> in Pipeline Pushes Up Prices<\/span><\/p>\n<\/blockquote>\n

That bodes well for homeowners, but buyers are likely going to face even higher prices in the coming months as well as continued competition from the limited number of homes for sale<\/a>, according to the report.<\/p>\n

Thirty-nine percent of properties in August sold at or above the original listing<\/a> price, up from 34 percent a year ago, according to the report.<\/p>\n

REALTORS\u00ae in Washington, Nevada, Utah, and Colorado are expecting some of the most price growth over the next 12 months, with expectations averaging more than 5 percent in that time.<\/p>\n

View the map to see REALTORS\u00ae\u2019 median expected price change over the next 12 months.<\/p>\n

\"\"<\/p>\n

Source: \u201cAugust 2017 REALTORS\u00ae Confidence Index,\u201d National Association of REALTORS\u00ae (August 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

Realtors.org <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home prices likely will continue to rise over the next year as buyer demand continues to … Real Estate Pros Say Prices to Continue to Escalate<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6436,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1403,62,12908,543,627,127,557,1007,41,818,479],"class_list":["post-6435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-for-sale","tag-home","tag-home-buying-guide","tag-homeowners","tag-homes","tag-homes-for-sale","tag-owners","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6306,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-shortages-constrain-existing-home-sales\/","url_meta":{"origin":6435,"position":0},"title":"Housing Shortages Constrain Existing-Home Sales","author":"Amazing Property","date":"September 20, 2017","format":false,"excerpt":"For the fourth time in five months, existing-home sales dropped as a shortage of homes for sale continues to plague the housing market. Strained supply levels of homes are making it that sales are unable \u201cto break out,\u201d according to the National Association of REALTORS\u00ae\u2019 latest housing report, released Wednesday.\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7293,"url":"https:\/\/amazingproperty.com.ng\/blog\/5-housing-trends-to-watch-for-2018\/","url_meta":{"origin":6435,"position":1},"title":"5 Housing Trends to Watch for 2018","author":"Amazing Property","date":"November 29, 2017","format":false,"excerpt":"Home shoppers may have it easier in 2018. Inventory constraints of for-sale homes and rising home prices may finally start to ease next year, according to realtor.com\u00ae\u2019s 2018 National Housing Forecast. \u201cNext year will set the stage for a significant inflection point in the housing shortage,\u201d says Javier Vivas, director\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Realtor.com Chart.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/realtor.com%20chart.png?fit=607%2C211&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/realtor.com%20chart.png?fit=607%2C211&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/realtor.com%20chart.png?fit=607%2C211&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":8063,"url":"https:\/\/amazingproperty.com.ng\/blog\/renters-are-getting-frustrated\/","url_meta":{"origin":6435,"position":2},"title":"Renters Are Getting Frustrated","author":"Amazing Property","date":"February 7, 2018","format":false,"excerpt":"The majority of renters say they want to own a home in the future and believe that homeownership is a critical piece of the American dream. But making the leap into homeownership is facing bigger hurdles as the market sees higher home prices and a shortage of homes for sale,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Nar2018aspiringhomebuyers.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/NAR2018AspiringHomeBuyers.png?fit=447%2C1200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6697,"url":"https:\/\/amazingproperty.com.ng\/blog\/meager-sales-rebound-underscores-tough-market\/","url_meta":{"origin":6435,"position":3},"title":"Meager Sales Rebound Underscores Tough Market","author":"Amazing Property","date":"October 20, 2017","format":false,"excerpt":"Following three consecutive months of declines, existing-home sales ticked up in September from the previous month\u2014but ongoing inventory shortages, coupled with recent hurricanes, muted any annual gains, the National Association of REALTORS\u00ae reported Friday. Total existing-home sales, which include single-family homes, townhomes, condos, and co-ops, increased 0.7 percent to a\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8273,"url":"https:\/\/amazingproperty.com.ng\/blog\/buyers-finding-love-takes-more-time\/","url_meta":{"origin":6435,"position":4},"title":"Buyers Finding Love Takes More Time","author":"Amazing Property","date":"February 14, 2018","format":false,"excerpt":"Your buyer clients may need to brace for longer house hunts. Inventories are at record lows, and that means finding the perfect house match is becoming more difficult. NAR's Latest Housing Report: More Markets Hitting Record-High Home Prices Two-thirds of home buyers said they searched for more than three months\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Feb18 Dn Nahb Housesearch.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/feb18_DN_NAHB_housesearch.png?fit=640%2C360&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/feb18_DN_NAHB_housesearch.png?fit=640%2C360&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/feb18_DN_NAHB_housesearch.png?fit=640%2C360&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4778,"url":"https:\/\/amazingproperty.com.ng\/blog\/nar-buyers-face-double-whammy-this-spring\/","url_meta":{"origin":6435,"position":5},"title":"NAR: Buyers Face 'Double Whammy\u2019 This Spring","author":"Amazing Property","date":"May 31, 2017","format":false,"excerpt":"[ad_1] For the second consecutive month, pending home sales scaled back as significantly weak supply levels of homes for sale continue to press on affordability conditions, the National Association of REALTORS\u00ae reported Wednesday. NAR\u2019s Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.3 percent in April\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/April%20PHS%20Infographic.jpg?fit=750%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/April%20PHS%20Infographic.jpg?fit=750%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/April%20PHS%20Infographic.jpg?fit=750%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/April%20PHS%20Infographic.jpg?fit=750%2C800&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/NAR%20price%20expectations.jpg?fit=696%2C501&ssl=1","_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=6435"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/6436"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=6435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=6435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=6435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}