HOME PRICES : A 5 YEAR OUTLOOK
Today , many real estate conversations center on housing prices and where they may be headed . That is why there is tremendous value in the Home Price Expectation Survey . Every quarter , Pulsenomics surveys a nationwide panel of over 100 economists , real estate experts and investment & market strategists about where 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 :
• Values will appreciate by 4 % in 2016
• Cumulative appreciation will be 17.5 % by 2020
• That means that the average annual appreciation will be 3.2 % over the next 5 years
• Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of almost 9.9 % by 2020
Individual opinions make headlines . This survey is a fair depiction of future values .
NICOLEMICKLE . COM 8