Housing markets with the highest price increases are certainly of interest to real estate investors as they can indicate locations where current demand-supply fundamentals are in favor
price increases. However, it should be kept in mind that such market conditions may change and price increases my decelerate or even turn negative if demand in these markets slows down or excessive amount of new space enters the market. Any assumption of continuation of current momentum in these housing markets is predicated on the continuation of current local market imbalances in favor of demand. See below best housing markets based on data from the Office of Federal Housing Enterprise Oversight (OFHEO).
Best Housing Markets 2008
Best Housing Markets 2006
