July 13,2018
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By James Taylor
Year-over-year property appreciation rates by state
The map illustrates the top states for property appreciation rates year over year. Property appreciation is calculated based on repeat sales of the same properties, which can avoid the problem of trying to account for price differences in homes with varying characteristics. Increasing home prices usually indicate rising demand, while decreasing prices reflect falling demand.
All states saw property appreciation versus one year ago, with Washington, Idaho, Nevada, Utah, and Rhode Island leading as the top five. Washington had the highest year-over-year property appreciation rate at 12.77% in April 2018.
Overall, property ap
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