Where Are Real Estate Prices Headed In The Next 5 Years
Dated: May 20 2015
Views: 633
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.
T
he results of their latest survey
Home values will appreciate by 4.3% in 2015.
The cumulative appreciation will be 19.4% 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 11.8% by 2019.
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.
Source: KeepingCurrentMatters.com
Will Cook
Ranked in the top 1% of all agents valley wide and named one of the Palm Springs Life Top Realtors for 2019, 2020, and 2021; Will is an Associate Broker/Team Leader of the WILL COOK GROUP with Keller ....
Latest Blog Posts
(Maskot/Getty Images)Tax Assessed Value vs. Market Value: What’s the Home prices aren’t set in stone; instead, their value can change depending on a few key factors—that’s what makes
(AndreyPopov/iStock)If you’re looking to sell your home, you’ll want to hire an amazing listing real estate agent to help—and there are certain questions to ask so that you can
The information being provided by SoCalMLS, CRISNet Regional MLS, CARETS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS, CRISNet Regional MLS, CARETS. ZipRealty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS
