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REALTORS® generally expect to see improving prices for the next 12 months, according to the January REALTORS® Confidence Index. The graph below shows the state median price expectation of respondents to the January 2013 survey.
Several states in the West, as well as Texas, Florida, and North Dakota, are in the group of states where the median price expectation is from 4.0 to 7.5 percent. Price trends vary, but low inventory and falling foreclosure rates are generally pushing prices upward.
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