Home Prices In 5 Years

Dated: 12/13/2016

Views: 370


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 4.0% over the course of 2017, 3.2% in 2018 and 3.0% the next three years (as shown below). That means the average annual appreciation will be 3.24% over the next 5 years.

Home Prices: Where Will They Be in 5 Years? | Simplifying The Market

The prediction for cumulative appreciation ticked up from 18.7% to 21.4% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 10.2%.

Home Prices: Where Will They Be in 5 Years? | Simplifying The Market

Bottom Line

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

Blog author image

Ralph Nudi

Ralph is a lifelong resident of Southeastern Wisconsin and an expert in real estate sales, and real estate values in Kenosha, Pleasant Prairie, Somers, Bristol, Salem, Paddock Lake and the surrounding....

Want to Advertise on this Site?

Latest Blog Posts

1435 39th Ave Kenosha Just Listed Today

Check out this THREE BEDROOM (3br) Colonial style floor plan,  perfect for someone who wants to build a little sweat equity.  The current owner has had the house repainted neutral

Read More

10062 Cooper Rd

JUST LISTED!This BEAUTIFUL 3 bedroom, 2 bathroom Ranch-Style home is just the one you've been looking for! Located in the STUNNING and DESIRABLE neighborhood of Village Green in Pleasant Prairie,

Read More

Kenosha History The AMC Pacer

Few automobiles were ever as distinct as the AMC Pacer made in Kenosha, WI.   People laugh now, but the AMC pacer was a unique and celebrated model when it first came out.  This

Read More

The Perks Of Buying A Home During The Winter

Winter is not the most popular season to buy a home, the winter months can be brutal, there are fewer homes on the market and most want to just stay home during the winter months, but there are some

Read More