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National home prices are soaring, as tight inventory and high demand — not to mention higher interest rates — are making it harder for consumers to buy homes.

Here's a look at the 12 markets where rising home prices, along with shifts in wages and interest rates, have combined to put the most downward pressure on consumers' purchasing power.

The data, from the First American Real House Price Index, measures home price changes, taking local income data and mortgage rates into account "to better reflect consumers' purchasing power and capture the true cost of housing." Index values are for the month of February and are set to equal 100 in January 2000.
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Konstantin L - Fotolia

No. 12: Richmond, Va.

Real Home Price Index: 77.14
Annual Change: 13.1%
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Trey - Fotolia

No. 11: Chicago, Ill.

Real Home Price Index: 66.17
Annual Change: 13.2%
Atlanta
itsallgood - Fotolia

No. 10: Atlanta, Ga.

Real Home Price Index: 71.04
Annual Change: 13.2%
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Edward Cooper - Fotolia

No. 9: Las Vegas, Nev.

Real Home Price Index: 75.14
Annual Change: 13.5%
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Delmas Lehman - Fotolia

No. 8: Tampa, Fla.

Real Home Price Index: 69.09
Annual Change: 13.5%
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Photographer: Gino Rigucci/RG - Fotolia

No. 7: Seattle, Wash.

Real Home Price Index: 85.52
Annual Change: 13.6%
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Orlando skyline fom lake Eola in Florida USA
TONO BALAGUER/lunamarina - Fotolia

No. 6: Orlando, Fla.

Real Home Price Index: 87.57
Annual Change: 13.7%
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/tkreykes - Fotolia

No. 5: Denver, Colo.

Real Home Price Index: 99.44
Annual Change: 15.4%
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Cincinnati, Ohio.
John McGraw Photog - Fotolia

No. 4: Cincinnati, Ohio

Real Home Price Index: 64.90
Annual Change: 16.3%
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Jill Lang - Fotolia

No. 3: Charlotte, N.C.

Real Home Price Index: 68.67
Annual Change: 16.5%
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Milwaukee skyline taken from the port, Wisconsin, USA
Eunika Sopotnicka/eunikas - Fotolia

No. 2: Milwaukee, Wis.

Real Home Price Index: 89.19
Annual Change: 17.3%
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thejimcox - Fotolia

No. 1: Jacksonville, Fla.

Real Home Price Index: 93.36
Annual Change: 20.6%
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