The latest house price forecast indicates a 4.2% annual increase in urban markets for Q3 2024, driven by strong demand and constrained inventory. Investors should note that mortgage rates have stabilized around 6.5%, which may sustain buyer activity in high-growth metropolitan areas. A J.P. Morgan research note sent to Rigzone on September 11 by Natasha Kaneva, head of global commodities strategy at the company, showed that J.P. Morgan expected the Brent crude price to average $66 per barrel in 2025 and $58 per barrel in 2026. In that note, J.P. Morgan projected that the WTI crude oil price would average $62 per barrel this year and $53 per barrel next year. Click here to view an interactive version of Zillow’s latest 12-month forecast With mortgage approvals rising, the latest house price forecast projects a 4.1% gain before year-end across key growth corridors. Listed homebuilders’ forward guidance appears aligned with these projections.