Report projects modest increases in home prices for many cities by end of 2012 and a slight decline for St Louis

dennis-norman-top-fifteen-real-estate-markets Clear Capital just released it’s Home Data Index™ (HDI) for March, which includes their forecast that home prices in many cities in the U.S. will increase by year end 1.2 percent while St Louis home prices are projected to decline another 0.2 percent by the end of 2012.  The report predicts home price increase of about 1.3 percent by year end in the Northeast, and home price increases of 1.6 percent in the South by year end. At the lower end of the spectrum, the West is projected to see price increases of about 1 percent by year end and the Midwest is expected to see less than 1 percent price increase by December (0.7 percent).

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Source: Clear Capital

 

Home Price Forecast for the Top 50 Cities in U.S.:

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Source: Clear Capital

 

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Source: Clear Capital

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