Houston home prices predicted to rise 3.6%

Houston ranks number two in Clear Capital’s Home Data Index.  The real estate valuation and research firm predicts that Houston home prices will increase 3.6% in 2011.  Here’s their list of the 10 cities expected to have rising property values in 2011:

1. Washington, D.C.: 6.5 percent price increase
2. Houston: 3.6 percent price increase
3. Honolulu: 3.4 percent price increase
4. Memphis, Tenn.: 3.2 percent price increase
5. Columbus, Ohio: 2.1 percent price increase
6. Dallas: 1.4 percent price increase
7. New York: 1.3 percent price increase
8. Birmingham, Ala.: 0.9 percent price increase
9. Pittsburgh: 0.8 percent price increase
10. New Orleans: 0.5 percent price increase

You can find Clear Capital’s entire Home Data Index report by clicking here. For a break down by Houston neighborhoods, click here.