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The most recent Home Price Expectation Survey

Monday, February 23, 2015   /   by Marie Berthe

The most recent Home Price Expectation Survey

Home Prices: A 5-Year Outlook

Home Prices: A 5-Year Outlook | Keeping Current Matters

With inventory presently below historically normal levels, current & future home prices have been the topic of many real estate conversations. The most recent Home Price Expectation Survey was just released; giving insight into where experts believe prices will be leading up to 2019.

Every quarter, Pulsenomics surveys a nationwide panel of over 100 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.

Here are some highlights from their latest survey:

  • Home values will appreciate by 4.4% in 2015.
  • The cumulative appreciation will be 19.3% 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 11.7% by 2019.

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

 

To Discuss the Purchase of Your Dream Home Call/Text Me at 561-886-7476 (no obligation to Buy) and Start Packing.

Ryan Critch, The Real Estate Expert
CEO Ocean400 International Realty
561-886-7476

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