Led by California: When it comes to price appreciation, California markets are expected to continue leading growth over the next year, while certain areas concentrated in the Northeast should see a decline in home values, according to Veros Real Estate Solutions’ most recent forecast ending June 1, 2014.
Among the top 100 markets, Veros’ home price index (HPI) projects a 3.1 percent increase, marking the fourth straight quarterly gain. Veros also added nearly 90 percent of U.S. markets covered should see a bump in prices, up from 75 percent in the previous quarter.
“It’s encouraging to see steadily rising appreciation expectations,”
Housing Market 61% 'Back to Normal'
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