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2017-08-29 10:21:53
Where Are the Home Prices Heading in The Next 5 Years?

 

 

Where Are the Home Prices Heading in The Next 5 Years? | MyKCM

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? | MyKCM

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? | MyKCM

Bottom Line

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

 

 

 

 

For more information on San Diego CA Real Estate contact Robert K. Whalen 
For Maps, Street View, Tour, Dozens of Home Facts on thousands of San Diego homes please visit  


Robert K. Whalen
Berkshire Hathaway HomeServices California Properties  
516 5th Avenue
San Diego, CA 92101
Cell 619.985.2225
Cal BRE #01435859
www.RwhalenHomes.com

 
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