REALTORS® generally expect prices to increase over the next 12 months with a median expected price increase of 4 percent, according to the latest REALTORS® Confidence Index. REALTORS® in most states expect prices to increase in the range of 3% to 5%. However, in states where inventory is very low and where cash sales are strong, the expected price growth is in the range of 5% to 7% (like in California).