The above graph shows median price expectations for the next 12 months from the National Association of Realtors Confidence Index posted on November 21, 2013. The survey was taken between August and October, 2013. Nationally, the median price expectation is a 3.8% increase in the next 12 months.
- Yellow = 0.1% – 3.2% median price growth
- Orange = 3.3% – 4.1% median price growth
- Red = 4.2% – 8.0% median price growth
The confidence index is an indicator of the housing market strength based on a monthly survey sent to 50,000+ real estate professionals.