The housing market is complex, and while a ton of housing information is out there, no one number can really tell the full story of what’s happening in a given market or how healthy that market is relative to other markets nationwide.
The Zillow Market Health Index, calculated on a scale from 0 to 10, condenses 10 separate measures of housing-market health into one number, allowing consumers to gauge a market’s performance at a glance. The Market Health Index scores markets relative to one another; for example, a market with a score of 8 means that area is healthier than 80 percent of similar areas nationwide. A low Market Health Index score does not necessarily indicate that a market is performing poorly, only that other markets are experiencing factors such as higher home-value appreciation or lower foreclosure activity.
These are the 10 healthiest metro markets nationwide, as measured by the Zillow Market Health Index.
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