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Future House Prices: A Look into the Crystal Ball

Future House Prices: A Look into the Crystal Ball

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 4.4% in 2014.
  • The cumulative appreciation will be 19.5% by 2018.
  • 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 9.4% by 2018.

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

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!
7 replies
  1. Jim Garcia
    Jim Garcia says:

    Prices keep going up in Castle Rock, CO. Demand from people moving into the area keeps out pacing the new supply of inventory. It’s crazy. Prices cannot keep going up this fast continually and not slow down. It should be interesting to see what happens when interest rates rise again.

    Reply

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