Tuesday, June 16, 2015

Where Are Prices Headed In The Next 5 Years?




Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number. 

The results of their latest survey

Home values will appreciate by 4.3% in 2015.

The cumulative appreciation will be 19.4% by 2019.

That means the average annual appreciation will be 3.6% over the next 5 years.

Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 11.8% by 2019.

Individual opinions make headlines. We believe the survey is a fairer depiction of future values.

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