Forecast: Top 5 Mortgage & Housing Trends Affecting Buyers in 2020; Nashville, Tennessee Housing Market Expected to Slow Down for 2020; Will the Home-Price Outlook for 2020 Motivate Buyers Into Action? Housing market predictions for 2020 and beyond run the gamut from optimistic to pessimistic. But that all might be changing sometime in the new future. Based on current conditions and trends, it appears likely that home prices in the state will continue to climb for the foreseeable future. A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. According to a new analysis from Zillow, the housing market might finally favor buyers in 2020. A recently updated forecast suggests that the New Jersey housing market could experience rising home values stretching into 2019. Part 2: MARKET SUMMARY 4th Quarter, 2018 Housing Data: New Jersey According to economists, the inventory forecast for 2019 has increased between 6-7%. In addition to information on the average price of northern New Jersey residentail real estate listings, you'll also find info on the average days on market, the average price reduction, average price of homes by bedroom, and more. You can find their insights and more in our special 2019 Market Forecast. We recruited some of the most influential developers, professionals and thought leaders in New Jersey commercial real estate to give us their predictions for the year ahead. 2020 Election Year and Real Estate: Elections have historically affected house prices with a slightly lower percentage increase in value.According to a movoto.com study of the California real estate market, house prices typically rise 1.5% less during an election year than in the year prior to the election, and 0.8% less than in the year … Those who do want to become homeowners should first look at the housing market in the end of last year. Will 2020 Be the Year Seattle’s Housing Market Starts Rising Again? 2020 the Greater Palm Springs Area Housing Market Forecast. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. Strong home price appreciation last year led many to wonder if housing was unsustainably strong. Check this page each quarter for updates to the New Jersey Real Estate Market Forecast. The median list price per square foot in New Jersey is $194. If this Housing Market Forecast is correct, home values will be higher in the 4th Quarter of 2021 than they were in the 4th Quarter of 2018. With the surprise of the Corona Virus, it looks like that might now be correct. Forecast for US Housing Market 2020 to 2024. The median home value in New Jersey is $338,096. More than three quarters (76 percent) of experts said they don’t expect national housing market conditions to shift meaningfully toward a buyers market until 2020 or beyond, according to the Q3 Zillow Home Price Expectations Survey.