Where Do Experts Say Home Prices are Headed?

HPES Q4

In the latest Home Expectation Survey, Pulsenomics surveyed a nationwide panel of over 100 economists, real estate experts and investment & market strategists, to find out their prediction for home prices through 2019.

We wanted to make sure we updated our members with the visuals that you have become accustomed to receiving as soon as they were available.

If we look at Average Annual Appreciation since 1987 we can see that we are still in a recovery after the housing bubble burst in May of 2007.

HPES Q4 Annual Appreciation

As we return to a more normal market, the experts are predicting that appreciation will slow over the next 5 years. Here is the breakdown of the Projected Mean Percentage Appreciation.

HPES Q4 Mean Appreciation

As you can see from the chart below, the most optimistic bulls of the group are predicting Cumulative House Appreciations of 32.8%, while even the bears of the group are still predicting a 15.1% appreciation by 2019.

HPES Q4 Cumulative Appreciation 2019

We believe that the Home Price Expectation Survey is a fair depiction of what the future holds for the housing market, and will continue to report on their findings as they become available.

This article originally posted by Keeping Current Matters. Read more articles like this at www.KCMblog.com.

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About abolastig

Antonio Bolastig is one of the most dedicated and committed real estate agents in the nation. There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how Antonio work. That said, in Antonio''s experience as a real estate professional, hehas also found that providing the very best service is essentially about putting his clients first. This means keeping himself accessible, being a good listener as well as a good communicator, and responding quickly to his clients'' needs. This "client first" philosophy has always been his approach and it requires him to continually improve his skills and ways of doing business. In addition, Antonio has found that the latest technologies are enabling him to do everything he has always done, only much more quickly and efficiently. They''ve also helped him to extend the range of services he provide to his clients. Antonio is backed by Realty Mark LLC, recognized as a leading real estate company with the most productive sales force in the industry. So when you decide that you''d like to buy or sell a home, please contact Antonio Bolastig.
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