8 Housing Markets That Will Cost You an Arm and a Leg

7. Oakland, California


And now we can discuss the U.S. metro with the largest year-over-year percent change in prices. The winner is Oakland, California, which posts a striking 31.2 percent price change. The metro not only surpasses San Jose in its price change, but its percent of monthly average wage needed to pay mortgage is also higher at 37 percent, reflecting an upward trend that will likely continue.