Where Are Real Estate Prices Headed In The Next 5 Years

Dated: 05/20/2015

Views: 570

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. 

TImage titlehe 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

Blog author image

Will Cook

Ranked in the top 1% of all agents valley wide, Will is an Associate Broker and Team Leader of the WILL COOK GROUP with Keller Williams Luxury Homes. A native of Baton Rouge, Louisiana, Will atten....

Latest Blog Posts

3 Real Estate Myths In Todays Current Market

Today I want to take a look at the top three myths about our current real estate market:1. We are headed toward another housing bubble. Home prices have appreciated year-over-year for the past

Read More

Palm Springs Area Real Estate Market Update Summer 2018

It is time for another market update. In general, we have continued to be in a strong seller’s market. The months of supply ratio is a figure that measures the balance between supply and demand in

Read More

3 Tips To Become A Successful Vacation Rental Owner

I am coming at you from one of my new listings (a beautiful vacation rental with three bedrooms and two bathrooms) to ask, “How can you be successful with vacation rentals in the Palm Springs?

Read More

An Opportunity For Move Up Buyers

As you saw in my last market update for Palm Springs, the real estate market remains red-hot. Palm Springs has actually surpassed its all-time high in the single-family market.In fact, Zillow

Read More