Home Prices: Where Are They Headed Over The Next 5 Years?

Share this... Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+Pin on PinterestPrint this page

Home Prices: Where Are They Headed Over The Next 5 Years? - Latina on Real Estate

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 they believe 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 3.9% by the end of 2015, 3.4% in 2016 and 3.1% in each of the following four years (as shown below). That means the average annual appreciation will be 3.2% over the next 5 years.

Projected Appreciation - Latina on Real Estate

The prediction for cumulative appreciation rose from 18.1% to 21.6% by 2020. Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 13.8%.

Cumulative-Appreciation - Latina on Real Estate

Bottom Line

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

Leave a Reply

Your email address will not be published. Required fields are marked *