"2024 Real Estate Forecast: Rising Home Prices in 20 Cities, Top Housing Stocks to Watch"

CoreLogic projects a 2.5% nationwide increase in home prices through November 2024, with some cities like Redding, California and Fairbanks, Alaska expecting more than double that growth. Despite soaring mortgage rates, competition and housing prices have remained high, driven by pent-up demand and inventory shortages. The top 20 cities where home prices are expected to grow most in 2024 have been listed, while Florida dominates the top five metro areas with the highest likelihood of home price reductions. The outlook for home buyers remains challenging due to limited supply, with experts noting that only a dramatic rise in supply will dampen price appreciation.