The top five housing trends for 2017

Here's the country's top five housing trends for 2017, according to

3. Slowing price appreciation

New infill multi-family housing in Winter Haven, FL

Nationally, home prices are forecast to slow to 3.9 percent growth year-to-year from an estimated 4.9 percent in 2016. Of the top 100 largest metros in the country, 26 markets are expected to see price acceleration of 1 percent point. Likewise, 46 markets are expected to see a slowdown in price growth of 1 percent or more with Lakeland-Winter Haven, Fla., Durham-Chapel Hill, N.C.; and Jackson, Miss., undergoing the biggest shift to slower price appreciation.

4. Fewer homes on the market and fast moving markets

Transit oriented development rising in Charlotte’s South End district

Inventory is currently down an average 11 percent in the top 100 metros in the U.S. The conditions limiting home supply are not expected to change in 2017. Median age of inventory is currently 68 days in the top 100 metros, which is 14 percent –11 days – faster than U.S. overall.

5. Western cities will continue to lead the nation in prices and sales

Jack London Square in downtown Oakland, CA

Western metros are forecast to see a price increase of 5.8 percent and sales increase of 4.7 percent.