15 housing markets to watch right now

Some are plain boring. Some in the news for the wrong reasons. Some are always overshadowed by the hipper city next door. Some were booming. But watch out. These 15 metro markets are poised to have their moment.

The Housing Market Vitality Indicators (HMVI) gauge how local economic conditions drive future house prices. Published monthly, they quantify “It’s the economy, stupid” for the metro housing markets. These 15 markets sat out the recent boom. Their local economies are strong. And now it’s their turn.

Carson City, NV Over the last twelve months, local housing market vitality moderated. Improvements in housing availability and local business conditions lift the forecasted performance. Performance will be in the top decile of all metro markets.
Grand Rapids-Wyoming, MI Over the last twelve months, local housing market vitality improved slightly. Improvements in housing availability and local business conditions lift the forecasted performance. Performance will be in the top decile of all metro markets.
Nashville-Davidson–Murfreesboro–Franklin, TN Over the last twelve months, local housing market vitality improved slightly. Improvements in national economy and new construction conditions lift the forecasted performance. Performance will be in the top decile of all metro markets.
Flint, MI Over the last twelve months, local housing market vitality improved slightly. Improvements in job market and local business conditions lift the forecasted performance. Performance will be in the top quartile of all metro markets.
Oakland-Hayward-Berkeley, CA Over the last twelve months, local housing market vitality moderated. Improvements in new construction and housing availability conditions lift the forecasted performance. Performance will be in the top quartile of all metro markets.
Seattle-Bellevue-Everett, WA Over the last twelve months, local housing market vitality moderated. Improvements in new construction boost the forecasted performance. Performance will be in the top quartile of all metro markets.
Salt Lake City, UT Over the last twelve months, local housing market vitality moderated. Improvements in job market and new construction conditions lift the forecasted performance. Performance will be in the top quartile of all metro markets.
Walla Walla, WA Over the last twelve months, local housing market vitality moderated. Improvements in local business and job market conditions lift the forecasted performance. Performance will be in the top quartile of all metro markets.
Columbus, OH Over the last twelve months, local housing market vitality improved slightly. Improvements in new construction and national economic conditions lift the forecasted performance. Performance will be in the top quartile of all metro markets.
Michigan City-La Porte, IN Over the last twelve months, local housing market vitality moderated. Improvements in housing availability conditions boost the forecasted performance. Performance will be in the top quartile of all metro markets.
The Villages, FL Over the last twelve months, local housing market vitality remained unchanged. Improvements in local business and new construction conditions lift the forecasted performance. Performance will be in the top quartile of all metro markets.
Owensboro, KY Over the last twelve months, local housing market vitality improved slightly. Improvements in local business conditions boost the forecasted performance. Performance will be in the middle fifty of all metro markets.
Denver-Aurora-Lakewood, CO Over the last twelve months, local housing market vitality improved slightly. Improvements in job market and new construction conditions lift the forecasted performance. Performance will be in the middle fifty of all metro markets.
Kansas City, MO-KS Over the last twelve months, local housing market vitality improved slightly. Improvements in new construction conditions boost the forecasted performance. Performance will be in the middle fifty of all metro markets.
Lafayette-West Lafayette, IN Over the last twelve months, local housing market vitality moderated. Improvements in housing availability conditions boost the forecasted performance. Performance will be in the middle fifty of all metro markets.

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