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 4.4% over the course of 2017, 3.4% in 2018, 2.8% in 2019, 2.7% in 2020, and 2.8% in 2021. That means the average annual appreciation will be 3.22% over the next 5 years.

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

The prediction for cumulative appreciation fell from 21.4% to 17.3% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 6.3%.

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.



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Juanita Simkins, CNE, CMRS, SRS
Synergy Realty Group
5225 N. Academy Blvd, Ste 301, Colo Spgs, CO 80918
Cell/Text: 719-229-5770
Web: www.JuanitaSimkinsHomes.com
Email:RealtorJuanita@gmail.com
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