Where Are Home Prices Heading In The Next 5 Years

Dated: 08/29/2017

Views: 36

Where Are Home Prices Heading in The Next 5 Years?

Where Are the Home Prices Heading in The Next 5 Years? | MyKCM

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 they believe 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 5.0% over the course of 2017, 4.0% in 2018, 3.2% in 2019, 3.0% in 2020, and 3.0% in 2021. That means the average annual appreciation will be 3.64% over the next 5 years.

Where Are the Home Prices Heading in The Next 5 Years? | MyKCM

The prediction for cumulative appreciation increased from 17.8% to 18.4% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 6.7%.

Where Are the Home Prices Heading in The Next 5 Years? | MyKCM

Bottom Line

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

Blog author image

Irene Medina PA CRS GRI CDPE GREEN

IRENE MEDINA "Standing by YOU Every Step of the Way!" A Passion for Education and Sustainable Living Irene's passion for education and sustainable living are what make her stand out from the ....

Want to Advertise on this Site?

Latest Blog Posts

E Property Market Watch Market Value Of Your Home And Neighborhood

Want to know how much your home is worth at this moment? Click on the link and find out. Then if you want to know what is going on with your home value and what is going on in your neighborhood,

Read More

What Is Portability And Do I Qualify For It

Portability is one of the benefits that homeowners benefit from when they sell their existing home and purchase a new one. Go to www.BCPA.net and check out the Portability Estimator to see how much

Read More

Selling You Home In Broward County Fl Guide

Click Here to download the Seller's Guide (Fall 2017)!Are You Thinking About Selling Your House Soon?It’s difficult to know when is the best time to sell, or how to get the most money for your

Read More

CORAL SPRINGS FLORIDA MARKET REPORT FOR OCTOBER

Coral Springs Florida Market Report for October 2017 Keller Williams Coral Springs real estate office keeps outpacing the real estate.

Read More