10 hottest housing markets for 2014

From Oakland, Calif., to Memphis, Tenn., these major metro areas are expected to see the biggest increase in home prices this year, according to CoreLogic Case-Shiller's latest home price forecast.

New Orleans

new orleans la
  • Median home price : $163,000
  • Forecast gain through Sept. 2014: 8.7%

New Orleans has been rebuilding since Hurricane Katrina devastated the area.

As people have returned, buyer demand has perked up -- and so have home prices.

But there's still plenty of room for this housing market to grow. The median home price in the metro area was only $163,000 during the three months ended September, more than 20% below the national median.

CoreLogic is predicting home prices will increase by 8.6% over the next 12 months, followed by a better-than-average 5.4% increase in the year after that.

Source: CoreLogic Case-Shiller
Forecasts are for the 12 months ending September, 2014. Rankings are for metro areas with populations of one million or more. In addition to its own data, CoreLogic Case-Shiller compiled its results using data from the National Association of Realtors, the Federal Housing Finance Agency, Moody's Analytics and the Bureau of Labor Statistics.
- Last updated January 23 2014 02:54 PM ET
Join the Conversation
Real Estate Calculator
recalchome

Was my home a good investment?

Find out now
Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options