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Where Are House Prices Actually Headed?

We are often asked where we believe home values are headed. To answer this question we want to quote three separate reports that have been published in the last 60 days: the Home Price Expectations Survey (HPES), the Urban Land Institute Real Estate Consensus Forecast (ULI) and the Demand Institute’s Report (DIR): The Shifting Nature of U.S. Housing Demand. Here are their projections:

A slow but steady return is projected by all.


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2 replies
  1. Ruthmarie Hicks
    Ruthmarie Hicks says:

    Interesting how uniform this assessment is.   One of the things that has bothered me the most about this “recovery” – and yes, I feel like I have to put that in quotes still – is how spotty and inconsistent it has been.  Prognosticators have also been all over the map for so long that it is wonderful to see some consistency.  

    Reply
  2. KCMcrew
    KCMcrew says:

    Tom, we simply report on what experts in the marketplace are projecting. Whenever we post a message, there is a group of readers who understand it to be a positive message and a group of readers who understands it to be a negative message. Just like an umpire, if both teams don’t like what we are saying…we must be calling a fair game.

    In addition, we can assure you that none of the members of The KCM Crew benefit directly from an agent listing or selling houses. In fact, only one of the members of The KCM Crew has a real estate license and that particular crew member has not been practicing for over 15 years.

    Reply

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