Virginia Beach-Norfolk-Newport News, VA-NC housing market returns are forecasted to underperform the national market in the short term. The market ranks 378 among 402 US metro housing markets.
Currently, the market is underperforming the national market. With a short-term negative outlook, market performance is anticipated to deteriorate. From one year ago, the market ranking has deteriorated by 51 points. One year ago, the market was underperforming the national market and was anticipated to remain unchanged.