Homeowners in the majority of housing markets across the country should expect to see home prices continue to appreciate by about 4.5 percent over the next 12 months, and, in a handful of western markets, owners likely will see their prices soar well past that, according to a new report from Veros, a valuation and analytics firm.

A young man with arms raised triumphantly looking at a sales chart
Pellinni – Morguefile

Western states hold the top 10 spots in forecasts of appreciation, with home price predictions ranging from 9 to 12 percent over the next 12 months, according to Veros. But other metros outside of the West will see appreciation too. For example, metros within South and North Carolina as well as within some Midwestern state like Michigan and Indiana are expected to perform strong in housing appreciation over the next year. For example, Indianapolis-Carmel, Ind., metro area property values are projected…