St Louis housing prices projected to drop 1 percent in next 12 months

Dennis Norman

Dennis Norman

By: Dennis Norman

Veros Real Estate Solutions released their quarterly report projecting how the housing market is going to perform in the next 12 months in major metropolitan areas of the U.S.  The bad news for St. Louis is, we didn’t make the list of top 5 metros in terms of expected housing price performance.  The good news is we didn’t make the list of the 5 worst markets either.

The top-performing metros are projected to have housing prices appreciate 5 percent over the next 12 months and the worst peforming metro are expected to see housing prices decline 12 percent during the same period.  The projection for St. Louis is for prices to decline 1 percent. Continue reading “St Louis housing prices projected to drop 1 percent in next 12 months