Home Prices In The Next 5 Years

Dated: 09/01/2017

Views: 104

Where Are Home Prices Heading In The Next 5 Years?

Where Are Home Prices Heading in The Next 5 Years?


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 5.0% over the course of 2017, 4.0% in 2018, 3.2% in 2019, 3.0% in 2020, and 3.0% in 2021. That means the average annual appreciation will be 3.64% over the next 5 years.

Where Are the Home Prices Heading in The Next 5 Years? | Keeping Current Matters

The prediction for cumulative appreciation increased from 17.8% to 18.4% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 6.7%.

Where Are the Home Prices Heading in The Next 5 Years? | Keeping Current Matters

Bottom Line

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

Latest Blog Posts

8 Cool Housewarming Traditions From Around The World

8 Cool Housewarming Traditions From Around the World—From Cow Guests to 'Haint' BlueMoving into a new home calls for a great housewarming party! And if you're looking for a creative way to

Read More

House Hunting In One Day 6 Tips For Maximizing Your Time

House Hunting in One Day: 6 Tips for Maximizing Your TimeIn the ideal home-buying scenario, attending open houses and pinpointing the perfect place is a breeze. But in a seller's market,

Read More

DONT WAIT TO SELL YOUR HOUSE BUYERS ARE OUT NOW

Don’t Wait To Sell Your House! Buyers Are Out Now Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your.

Read More

6 Downsizing Mistakes Even Smart People Make

6 Downsizing Mistakes Even Smart People MakeThis past year, my mother downsized from our six-bedroom family home into a two-bedroom condo in a senior development. Although she

Read More