Experts Agree Home Prices Will Increase

Dated: 04/02/2018

Views: 194

99% Of Experts Agree: Home Prices Will Increase

99% of Experts Agree: Home Prices Will Increase

Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year.

What is the Home Price Expectation Survey?

Each quarter, Pulsenomics surveys a nationwide panel of economists, real estate experts and investment & market strategists. Those surveyed include experts such as:

  • Daniel Bachman, Senior Manager, U.S. Economics at Deloitte Services, LP

  • Kathy Bostjancic, Head of U.S. Macro Investors Service at Oxford Economics

  • David Downs, Real Estate Finance Professor at VCU

  • Edward Pinto, Resident Fellow at American Enterprise Institute

  • Albert Saiz, Director at MIT Center for Real Estate

Where do these experts see home values headed in 2018?

Here is a breakdown of where they see home values twelve months from now:

  • 21.6% believe prices will appreciate by 6% or more

  • 71.6% believe prices will appreciate between 3 and 5.99%

  • 5.7% believe prices will appreciate between 0 and 2.99%

  • Only 1.1% believe prices will depreciate

Bottom Line

Almost ninety-nine percent of the top experts studying residential real estate believe that prices will appreciate this year, and over 93% believe home values will appreciate by at least 3%.

Blog author image

Angela Johnson

Angela Johnson, REALTOR, began her career in real estate in 2008 with a goal to motivate and educate others in the industry. Since then, her passion has allowed her many roles serving fellow REALTORS,....

Want to Advertise on this Site?

Latest Blog Posts

How To Building Equity In Your Home

3 Ways to Build Equity in Your Home For homeowners, equity is like an extra bank account.

Read More

Jul 7 2018 54951 2

In Closing: How to Seal the Home-Buying DealBy: HouseLogicSign that paperwork. Write those checks. Get those keys!The closing. It all comes down to this. The grand finale. Once you have the,

Read More

Jul 7 2018 54951 1

Your Stress-Free Guide to Shopping for Home LoansBy: HouseLogicWith this super-simple breakdown of loan types, you won’t get overwhelmed — you’ll find the right mortgage.When it comes to

Read More