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STORY: :: Why analysts say U.S. home prices

are set for a modest rise

:: U.S. home prices based on an index of 20 metropolitan

areas are expected to rise 5.4% in 2024

:: That's according to an Aug 19-29

Reuters poll of nearly 30 property analysts

:: Prices are expected to climb 3.3% in 2025 and 3.4% in 2026

:: Average U.S. property prices fell only about 7% since the

central bank raised rates to the current 5.25%-5.50% range

:: They're still more than 50% higher than pre-pandemic levels

:: Much of that is because homeowners with low

30-year mortgages, some between 5% and 3% 

:: are unwilling to sell on such cheap deals

:: Expectations of a September Fed rate cut will underpin a

market already constrained by a lack of adequate supply