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 3.7% over the course of 2016,
3.3% in 2017 and 3.2% in the next two years, and finally 3.1% in 2020 (as shown
below). That means the average annual appreciation will be 3.3% over the next 5
years. 
The prediction for cumulative
appreciation slowed slightly from 21.6% to 17.7% by 2020. The experts making up
the most bearish quartile of the survey still are projecting a cumulative
appreciation of 10.9%. 
The prediction for cumulative
appreciation slowed slightly from 21.6% to 17.7% by 2020. The experts making up
the most bearish quartile of the survey still are projecting a cumulative
appreciation of 10.9%.
Bottom Line
Individual opinions make headlines. We believe the survey is a
fairer depiction of future values.
Looking to Buy, Sell, or Invest? Contact:
David Demangos
858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist
David@AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!
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