New Delhi, Dec. 9 -- Housing industry participants in the United States are increasingly forecasting divergence in the national housing outlook, USA Today reported.

Odeta Kushi, deputy chief economist at First American told the publication the US housing market is now "two-speed" comprising regions that are growing and regions that have become too risky / expensive over the past few years.

In its report, Kushi wrote that less housing stock in the Northeast and Midwest US will keep "conditions relatively tight and price growth steadier", while prices in the South and West US "remain soft". In the coastal regions, it added that increased insurance and other costs could impact prices.

Bright MLS Chief Economist Lisa Sturtevant also foreca...