Nearly 90 percent reported an increase in sales volume — a testament to enduring high appreciation rates in many parts of the country. (realtormag.realtor.org)
I will add that even historical high appreciation markets have RE declines (typically less than 5 years from peak to new peak). (biggerpockets.com)
I know certain parts of the country are high cash flow, low appreciation, while others are lower cash flow, with high appreciation. (biggerpockets.com)