Posted by: jimlyons | November 14, 2013

5 Year Home Value Outlook


Where Prices are Headed over the Next 5 Years

Home-Price-Expectation-275Today, many real estate conversations center on housing prices and where  they may be headed. That’s why the Home Price Expectation Survey  just may be the most accurate in projecting these numbers. 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

The latest survey was released last week. Here are the results:

  • Home values will appreciate by 4.3% in 2014.
  • The average annual appreciation will be 4.2% over the next 5 years
  • The cumulative appreciation will be 28% by 2018.
  • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of over 16.8% by 2018.

Individual opinions make headlines but regardless of what you believe this news certainly points to a much rosier outlook and a fairer depiction of future values.

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