Home values are rising fastest in the most resilient places. Cause/effect or coincidence?

Does it look like homes in the most climate resilient areas are significantly more in demand than those in climate vulnerable areas, perhaps suggesting the climate repricing of the housing market has not only started but is well underway?

Three things that are true:

• While there are climate vulnerable homes in every area, the most resilient regions of the country are the Midwest, inland Mid-Atlantic, and inland Northeast.
• The value of climate resilient homes will increase in the years ahead as worsening climate impacts drive increased demand amid limited supply.
• In a simple application of the principles of supply and demand to housing, higher inventory - available homes for sale - generally corresponds with lower home prices, while lower inventory corresponds with higher home prices.