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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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