Zillow predicts mixed home price trends in 294 markets.

Zillow's latest forecast predicts that 294 out of the 400 largest housing markets in the US will see positive home price growth between March 2023 and March 2024, while 102 markets will experience a decline. The housing correction has lost steam, and Zillow expects US home values to rise 1.7% during this period. The biggest home price upticks are expected in the Southeast, while the majority of down markets are located in the Western half of the country, which has overheated home prices that are vulnerable to mortgage rate spikes.