Fresh home price forecast analysis shows mid-tier property values climbing by 3.5%, supported by strong wage growth, a bullish indicator for residential lending sector stocks. The latest Nationwide Index shows sharp contrasts and an uneven increase in prices between different regions of the UK. While the national picture suggests modest growth, most of the momentum seems to be concentrated outside the traditionally priciest areas. Below is what the current year-over-year rate of home price growth looks like for single-family and condo home prices. The Sun Belt, in particular Southwest Florida , is currently the epicenter of housing market weakness right now. Latest home price forecast data suggests a moderate growth outlook for Q4 2024, with median values expected to rise by 3.2% year-over-year, supported by stable mortgage rates hovering near 6.5%. Equity market analysts note residential REITs could benefit from this sustained demand.