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Analysts Revise 2014 Price Forecasts Upward

Home price expectations have been revised upward for 2014, but indicators still point to a slowdown in appreciation, according to Veros Real Estate Solutions. For 2014's five strongest markets, Veros is looking west. The top projected market for the year is the San Francisco area, which is expected to see price growth of 13.4 percent. San Jose is slotted for the second-most growth (10.7 percent), while Seattle and Los Angeles are rated for 10.2 percent and 9.6 percent increases. Growth is those areas will be driven by their relatively lower unemployment rates, Veros said.

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