The 11 States with the Hottest Housing Markets

The 11 States with the Hottest Housing Markets

6. South Dakota

8.6 percent increase in home prices

While closed sales in Sioux Falls, the largest city in the Mount Rushmore State, increased a mere 2.9 percent in September from last year, the number of pending sales offers a rosier outlook for sellers, up 41.3 percent. Potential homebuyers face tough conditions, though, with inventory shrinking 18.8 percent and the city’s home affordability index falling 9.4 percent.

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