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Case Shiller data shows that all major metropolitan areas will grow with the exception of Miami
December 12, 2011
Bend, Ore., is the market expected to show the greatest growth over the next five years,
The latest data from Fiserv Case Shiller shows that national home prices are expected to grow at an annualized rate of 3.2 percent between 2011 and the second quarter of 2016, Business Insider reported.
Business Insider chose the 15 markets with the greatest potential for gains over the next five years.
Every major metropolitan area except for Miami is expected to see gains. Business Insider speculates that this market is still weighed down by foreclosures and excess supply, although other Florida cities can expect positive growth.
The 15 markets are:
1: Bend, Ore.
2: Medford, Ore.
3: Madera, Calif.
4: Napa, Calif.
5: Flagstaff, Ariz.
6: Carson City, Nev.
7: (tie) Bremerton, Wash.
7: (tie) Panama City, Fla.
9: Ocala, Fla.
10: Lakeland, Fla.
11: Santa Fe, N.M.
12: Eugene, Ore.
13: Bakersfield, Calif.
14: Mobile, Ala.
15: Punta Gorda, Fla.
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