Southern Cities Eyed To Drive Housing Growth In 2018

Southern U.S. cities are expected to drive much of the sales growth in the housing market next year.

Home prices are expected to grow by about three percent across the country, according to new figures by Realtor.com. Charlotte and Durham were among North Carolina metropolitan areas expected to outpace the national average.

That's not so much the case for the Triad markets. Winston-Salem was projected to rank 37th among the top 100 markets, while the Greensboro/High Point area came in at 69th.

Realty experts say 2018's prices won't go up at the same pace they did this year. Analysts say that's because more new homes will be coming on the market, making it easier for buyers to find homes and keeping prices in check.

There's a wildcard though: the tax bill working its way through Washington could reduce tax incentives that motivate home buyers.