This blog is available in English or Spanish:

Experts Say Housing Prices Are About to Turn

Agents, did you know you can share a personalized version of this post? Learn more!

Each quarter, Pulsenomics surveys a

“distinguished panel of over 100 economists, investment strategists, and housing market analysts regarding their 5-year expectations for future home prices in the United States.”

Here are the results of their latest survey:

Price appreciation/depreciation expected over the next five years:

2012:   -.4%

2013:   +1.3%

2014:   +2.6%

2015:   +3.2%

2016:   +3.5%

The average pre-bubble (1987-1999) annual appreciation was 3.6%


About The KCM Crew

We at The KCM Crew believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!

8 Responses to “Experts Say Housing Prices Are About to Turn”

  1. Jay Webster June 26, 2012 at 10:23 am # Reply

    This does not seem likely…how? When our state this year is expected to have a 14 month supply of foreclosures and still more the following year and folks still are still having to short sale their homes. Our job out look is not better, not even showing signs of getting better (Delaware)…we aren’t as bad off as some other areas but the ratio of income to home price is still way off. Also, when interest rates increase, they have to at some point, home prices will again go down. I don’t see this “expert” situation improving as they mentioned for another 5 plus years.

  2. Este June 26, 2012 at 11:02 am # Reply

    This study is a joke. First, it was paid for by the real estate industry so there is an inherent conflict of interest. Second, if you look at the details, you can see that expectations have been a poor indicator of long-term appreciation. Third, they mention that the average pre-bubble appreciation was 3.6% – why should we think that the future will be more like this 12 year period vs. any other 12 year period.

  3. April Young June 27, 2012 at 3:29 am # Reply

    We are witnessing it in Santa Clara County California
    Santa Cruz County is warming up as well :)

  4. Ashley Nicole Brooks-Realtor July 1, 2012 at 3:24 pm # Reply

    Prices have already started to increase here in VA! Our foreclosures and short sales have dropped drastically since this time last year.

  5. Housepricesaintgoingup July 2, 2012 at 10:02 pm # Reply

    We have housing coming out of our ears. The economy is going into another depression-recession and no one has any income growth. So why would the price of housing go up ? Helloooooooo !!!

  6. Vegas Realtor July 13, 2012 at 4:34 pm # Reply

    We have a 4 weeks supply of homes… Prices are going up. Bidding wars, Multiple offers, Sales over List price…. I think Vegas is ready for a “Normal” market….

  7. Plymouth MI July 24, 2012 at 10:33 am # Reply

    In the market just outside of Detroit, we were the first ones in this market, we are now experiencing multiple offers on properties that are clean, neat and are price right. Our inventory is down about 27% from last year. We are starting to see and increase in prices. Our biggest battles are with appraisers coming in with a price not matching the four offers that we have on the table.

  8. Travis Waller, CRS July 24, 2012 at 1:07 pm # Reply

    Good to see all the different scenarios below. Remember people, your markets are all local. The info above is a national average, not specifically your market. This is why it’s imperative that you become the expert in your market an know how to explain your local market knowledge to your clients.

Leave a Reply