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Housing Outlook

Aerial view of homes in the midwest

VeroFORECAST Sees Western Housing Markets Struggle, While Those Further East Shine

Veros Real Estate Solutions releases 2023 Q2 VeroFORECAST, which anticipates a strengthening housing market for the next year. The report further indicates that while the Western markets, once the darlings of the real estate world, display signs of weakness, the Midwest and Eastern states have emerged as hotspots for homebuyers seeking affordability and economic stability.

Image of Housing Construction

The 15.6% Increase in Housing Starts Won’t Cool Prices in 2022

The latest data on residential construction from the US Census Bureau and the US Department of Housing and Urban Development shows that annual housing starts increased 15.6% from 1.38 million in 2020 to 1.6 million in 2021 but were 23% lower compared to 2.07 million in 2005, when the last housing bubble took place. 70% …

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rapid levels of price increases stabilizing and slowing down slightly in 2022

Expect Slightly Slower Home-price Growth, Market Still Booming in 2022

Veros’ VeroFORECAST data predicts America’s housing market to remain robust overall in 2022, with the pace of home price appreciation to slow down slightly. SANTA ANA, Calif., January 10, 2022 —Today Veros Estate Solutions (VEROS®), an industry leader in enterprise risk management and collateral valuation services, released its Q4 2021 VeroFORECASTSM data that anticipates home …

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View of Homes in Autumn

Veros Reports US Home Price Forecast Will Remain Strong Into 2022

“Veros continues to accurately predict robust appreciation throughout the overall housing market, which will remain solid and steady well into 2022,” said Darius Bozorgi, CEO of Veros Real Estate Solutions. “The continued year-over-year increase is heavily driven by strong markets in the Western United States. Four of the highest-performing markets are located in Idaho where in-migration continues to fuel housing demand.”

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