The housing market in the US is expected to see a gradual recovery in 2012, with the Southern states offering the best prospects for property investment.
According to new figures from estate agent RE/MAX, the majority of agents see prices rising or remaining the same in 2012 as the vital signs for the market look up.
Many are also projecting an increase in the number of properties being sold, with a 26.7 per cent rise anticipated compared to a 10.7 per cent rise in 2011.
RE/MAX chief executive officer Margaret Kelly said: "A sense that home prices and sales are improving indicates that the housing market is positioned for a gradual recovery in 2012.
"These agents have the best perspective on industry trends since they average more home sales than agents with any other national firm."
Southern states in particular are expected to perform well, with 49.6 per cent expecting prices to stabilise following a period of falls and 26.7 per centanticipating an increase.
A Place In The Sun's annual list of the best places to buy abroad also recently saw the US appear in the top ten, taking fifth place between Italy and Turkey, with Florida being named as a key destination for buyers.
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