The transition from 2017 to 2018 is characterized by a "shift" where the rapid pace of price appreciation may slow, but total costs for buyers are still expected to rise.

: Prices rose approximately 5.5% to 5.89% in 2017. While the rate of growth is expected to moderate in 2018 to roughly 3.2% to 5% , prices are still hitting new record highs.

: A 1% increase in interest rates can add hundreds of dollars to a monthly payment for a median-priced home.