The rest of the country is simply experiencing a market correction from a rapid increase over the last 5 years combined with some sloppy loan practices that hurt the lending industry . The United States overall had a -1.71 % change over the last year ( skewed down heavily by the 4 troubled States ) . However , even with the challenges over the last year , the United States STILL has had a 34.84 % increase in home prices over the last 5 years !

Question: Why might have the housing price increased so much in the last 5 years ?
Answer: Because the supply of the housing has not increased along with the demand .Because the demand of the loans has not increased along with the supply .Because the demand of the housing has not increased along with the supply .Because the supply of the loans has not increased along with the demand .