The annual major 25 metropolitan housing market forecasts for 2010 are based on population densities in the Greater Metropolitan Statistical areas, and include housing and population density. The forecasts are listed in order from the most populated to the least.
Housing Predictor forecasts are issued annually and updated as local market conditions in all of the 250 markets forecast evolve over the entire course of the year.
More than 20 factors are considered by analysts to determine forecasts, including home sales volume, mortgage lending, new home construction, business growth and development, commercial building, employment levels, historical trends and consumer confidence.
Most major urban markets are forecast to sustain additional housing deflation during the year, but there are exceptions to the rule as markets move out of the worst part of the housing crisis.
|Rank||Real Estate Market||Forecast|
|2.||Los Angeles, CA||9.4%|
|5.||San Francisco, CA||11.9%|
|21.||St. Louis, MO||-8.6%|