Home Prices…Where are They Headed?

    Home-Price-Expectation-fbshareToday, 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 4.6% 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 11.2% by 2018.

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

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