New research suggests that only a few states in the U.S. show no growth or losses.
Using survey data, The National Association of Realtors concluded that North Dakota had 106 percent price growth from 2005 to 2016, leading all states in the Midwest, with South Dakota close behind with 60 percent price growth. Illinois had no price growth over this time, and did not average any annual growth.
In the West, the least affordable region, Montana led all states with 74 percent price growth from 2005 to 2016 while having a 5 percent average annual growth in price. Nevada shows a negative 16 percent price change over this time and shows a negative 1 percent average annual price change.
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