--- title: The Hottest Real Estate Markets for the Next Five Years description: A map of home price trends and the hottest real estate markets through 2020 for the 20 largest U.S. metro areas. authors: - name: Kerry Close url: https://money.com/author/kerry-close/ at_money_since: 2016 articles: 182 covers: - Housing - Banking - Business - Career Advice - Credit Cards - Economy and Politics - Education - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/kerryclose former_staff: true - name: Sarah Max url: https://money.com/author/sarah-max/ at_money_since: 2015 articles: 90 covers: - Housing - Business - Career Advice - Credit - Insurance - Investing - Personal Finance - Retirement - Taxes former_staff: true published: '2016-04-12T15:40:58.000Z' modified: '2024-05-07T10:39:38.000Z' section: Housing tags: - buying a home - Housing Market word_count: 262 canonical: https://money.com/real-estate-markets-housing-price-forecast-map/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![1604111_REA_HotMarketsTampa](https://img.money.com/2016/04/1604111_rea_hotmarketstampa.jpg) *Tampa, Fla., has the highest growth forecast in the country—largely because prices are still recovering from the bust.* Despite the ongoing recovery, the housing market is still dealing with hangovers from the last boom-and-bust cycle. One of the biggest headaches: an inventory squeeze. Millennials are entering their peak nesting years at a time when the construction of single-family homes still hasn’t recovered from the cutbacks that followed the financial crisis. Nationally, inventory is 9% lower than a year ago, and all but four of the 35 largest markets tracked by Zillow now have fewer homes for sale than at the same time last year. “We’re seeing low inventory in places not usually associated with housing shortages—places like Nashville, Raleigh, and even Kansas City,” says NAR chief economist Lawrence Yun. The tight market is driving up prices. Home values rose 5.7% in 2015, according to the closely watched Case-Shiller 20-city index. And most economists think prices will keep climbing, at least in the short term: The NAR is calling for a 4.4% increase in existing-home prices this year and 3.4% in 2017; other economists and strategists also put 2016 price growth in the 4% to 5% range. So how will prices fare over the next half decade? The economists at Moody’s Analytics gave Money their home price projections going out to 2020 for the 20 biggest metros in the country. Check out the graphic to see the forecasts and economic trends in your area. ***Read the whole Spring Real Estate Guide:*** - **[6 Cleverest Moves for First-Time Home Buyers](https://money.com/first-time-home-buyers-best-moves/)** - **[4 Smart Ways to Buy a Bigger Home Now](https://money.com/real-estate-buy-bigger-home/)** - **[5 Best Moves for Downsizing Your Home](https://money.com/real-estate-selling-home-downsizing-retirement/)** - **[Smartest Ways to Maximize Your Home's Value](https://money.com/maximize-home-value/)** ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/real-estate-markets-housing-price-forecast-map/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Housing Market", "item": "https://money.com/housing-market/" }, { "@type": "ListItem", "position": 4, "name": "The Hottest Real Estate Markets for the Next Five Years" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/real-estate-markets-housing-price-forecast-map/#webpage", "url": "https://money.com/real-estate-markets-housing-price-forecast-map/", "name": "The Hottest Real Estate Markets for the Next Five Years", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2016-04-12T15:40:58.000Z", "mainEntity": { "@id": "https://money.com/real-estate-markets-housing-price-forecast-map/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/real-estate-markets-housing-price-forecast-map/#breadcrumb" }, "dateModified": "2024-05-07T10:39:38.000Z" }, { "@type": "Article", "headline": "The Hottest Real Estate Markets for the Next Five Years", "articleSection": "Housing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/04/1604111_rea_hotmarketstampa.jpg", "width": 2100, "height": 1400, "caption": "1604111_REA_HotMarketsTampa" } ], "author": [ { "@type": "Person", "name": "Kerry Close", "url": "https://money.com/author/kerry-close/", "@id": "https://money.com/author/kerry-close/#author", "sameAs": [ "https://x.com/kerryclose" ] }, { "@type": "Person", "name": "Sarah Max", "url": "https://money.com/author/sarah-max/", "@id": "https://money.com/author/sarah-max/#author" } ], "publisher": "https://money.com/#organization", "datePublished": "2016-04-12T15:40:58.000Z", "description": "A map of home price trends and the hottest real estate markets through 2020 for the 20 largest U.S. metro areas.", "abstract": "A map of home price trends and the hottest real estate markets through 2020 for the 20 largest U.S. metro areas.", "@id": "https://money.com/real-estate-markets-housing-price-forecast-map/", "inLanguage": "en-US", "dateModified": "2024-05-07T10:39:38.000Z", "wordCount": 262, "keywords": [ "buying a home", "Housing Market" ], "about": [ { "@type": "Thing", "name": "Housing in the United States", "sameAs": [ "https://en.wikipedia.org/wiki/Housing_in_the_United_States" ] }, { "@type": "Thing", "name": "Housing market", "sameAs": [ "https://en.wikipedia.org/wiki/Housing_market" ] } ] } ] } ```