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    Where Are Home Values Headed Over the Next 5 Years?

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    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 4.0% over the course of 2016, 3.4% in 2017 and 3.0% in the next two years, and finally 2.8% in 2020 (as shown below). That means the average annual appreciation will be 3.2% over the next 5 years.

    Where Are Home Values Headed Over the Next 5 Years? | Simplifying The Market

    The prediction for cumulative appreciation slowed slightly from 25.0% to 24.7% by 2020. The experts making up the most bearish quartile of the survey are still projecting a cumulative appreciation of 9.9%.

    Where Are Home Values Headed Over the Next 5 Years? | Simplifying The Market

    Bottom Line

    Individual opinions make headlines. We believe the survey is a fairer depiction of future values. To find your dream home today, call or text us at 913-203-1863.

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