Home prices are rising across the country as Americans rush to purchase houses, driven in part by a newfound ability to work remotely as a result of the COVID-19 pandemic.
But where are they set to rise the most? Not in the Sun Belt, by and large, according to a new index.
The Emerging Housing Markets Index from the Wall Street Journal and Realtor.com analyzed the 300 largest metropolitan areas across the country. Each housing market was evaluated based on a range of factors related to real estate, economic vitality and quality of life.
Top of the list was Coeur d’Alene, a city of some 44,000 people located amid the mountains of northwestern Idaho just over the border from Spokane, Wash.