The States With the Hottest Housing Markets This Year

The States With the Hottest Housing Markets This Year

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5) Florida (tie)

7.8% increase in home prices

Sales of existing single-family homes in Florida inched up 1.9 percent versus a year ago, while townhouse/condo sales increased 5.7 percent. There were more than a third fewer short sales of townhouses, condos and single-family homes compared with a year ago, which helps to boost prices.

Flickr/Kim Seng