12 states where home buyers have the most purchasing power

Home prices can vary throughout a given state, driven largely by the geography of the state and its population centers. Here's a look at the 12 states where the combination of prices and wages offer home buyers the best bang for the buck.

The data, from the First American Real House Price Index, measures home price changes, taking local wages and mortgage rates into account "to better reflect consumers' purchasing power and capture the true cost of housing." The June 2017 data is ranked by RHPI value, where a reading of 100 is equal to conditions in January 2000.