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November 21, 2014
by Shayla Concannon

Where Are Prices Headed Over The Next 5 Years?


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 4.8% in 2014.
The cumulative appreciation will be 23.5% by 2019.
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 15.1% by 2019.

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

Source: Simplifying the Market-Making Real Estate Easy to Understand

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