The 12 States with the Hottest Housing Markets

The 12 States with the Hottest Housing Markets

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5) New York

8.6 percent increase in home prices

The volume of closed sales edged up 1.9 percent in October, and the 11,216-unit total was the highest for the month in more than 25 years. Year-to-date, home sales are 7.1 percent higher versus a year ago. The number of homes listed for sale declined 5.6 percent compared with the same month last year.

Flickr/Javier Gutierrez