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Mortgage and real estate pros are in the midst of a sizzling hot housing market this summer. Consumer demand continues to increase, especially in the South and Southeast where there is strong population and job growth. While the number of homes available for sale is also rising, it's not keeping up with demand and available inventory is shrinking.

From Indianapolis to Nashville, here's a look at the 15 hottest residential real estate markets of summer 2017. The rankings, by online real estate marketplace vendor Ten-X, take into account pricing, sales, affordability, permit activity, economic and demographic growth, as well as forward-looking data like economic forecasts and population trends. Each slide details year-over-year changes in seasonally adjusted median prices of existing homes and seasonally adjusted annual rate of existing home sales for the first quarter of 2017.
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No. 15: Indianapolis, Ind.

1Q17 Home Price: $163,174 (+5.4%)
1Q17 Home Sales: 31,868 (+4.5%)
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Winter daytime shot of Salt Lake City. Featured is the temple from the Church of Jesus Christ of Latter Day Saints or the Mormons

No. 14: Salt Lake City, Utah

1Q17 Home Price: $288,137 (+10.2%)
1Q17 Home Sales: 15,471 (+4.3%)
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Minneapolis Minnesota Downtown and the Stone Arch Bridge at Sunset

No. 13: Minneapolis, Minn.

1Q17 Home Price: $254,655 (+7.0%)
1Q17 Home Sales: 67,159 (+5.8%)
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No. 12: Washington, D.C.

1Q17 Home Price: $629,669 (+14.1%)
1Q17 Home Sales 10,685 (+5.6%)
Raleigh, N.C.

No. 11: Raleigh, N.C.

1Q17 Home Price: $251,559 (+7.3%)
1Q17 Home Sales 29,011 (+6.7%)
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Ohio Statehouse

No. 10: Columbus, Ohio

1Q17 Home Price: $188,259 (+4.7%)
1Q17 Home Sales: 42,761 (+5.6%)
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No. 9: Jacksonville, Fla.

1Q17 Home Price: $206,883 (+10.2%)
1Q17 Home Sales: 34,442 (+5.3%)
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No. 8: Tampa, Fla.

1Q17 Home Price: $187,810 (+9.3%)
1Q17 Home Sales: 70,593 (+5.3%)
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No. 7: Las Vegas, Nev.

1Q17 Home Price: $233,923 (+8.2%)
1Q17 Home Sales: 80,693 (+9.4%)
Charlotte, N.C.
Aerial view of uptown buildings in Charlotte, North Carolina.

No. 6: Charlotte, N.C.

1Q17 Home Price: $217,821 (+10.9%)
1Q17 Home Sales: 39,223 (+6.5%)
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Exterior view of the historic Alamo shortly after sunrise

No. 5: San Antonio, Texas

1Q17 Home Price: $170,156 (+8.6%)
1Q17 Home Sales: 39,136 (+3.5%)
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Overview of downtown Dallas in the morning

No. 4: Dallas, Texas

1Q17 Home Price: $225,385 (+9.2%)
1Q17 Home Sales: 77,256 (+3.6%)
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Skyline of Fort Worth Texas at night

No. 3: Fort Worth, Texas

1Q17 Home Price: $185,783 (+11.7%)
1Q17 Home Sales: 39,268 (+3.4%)
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Orlando skyline fom lake Eola in Florida USA

No. 2: Orlando, Fla.

1Q17 Home Price: $208,914 (+9.9%)
1Q17 Home Sales: 57,011 (5.7%)
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Nashville Skyline, Tennessee and the Cumberland River with river reflection

No 1: Nashville, Tenn.

1Q17 Home Price: $237,525 (+11.9%)
1Q17 Home Sales: 34,891 (+7.4%)
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