4th Quarter Numbers for Arkansas

[Mark Rogers]

Central Arkansas home prices finished 2018 up 2.46% for the 4th quarter. With two positive quarters and two negative quarters, Central Arkansas had only a modest increase of 1.87% in 2018. Northwest Arkansas was up 1.8% for the 4th quarter but posted four positive quarters last year so showed 7.2% growth in 2018.

[Rachel Fazio]

I think it's interesting that the growth in Central AR was less than was inflation last year (2.44%). That being said, I wonder if anyone is tracking the average rent? That actually may tell us more for our purposes. I would be more concerned if rent was not keeping pace with inflation than property values...