Where Are Home Prices Heading In The Next 5 Years?

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.

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%.

Bottom Line

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

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Testimonials

Hi Garry, We can’t thank you enough for your superb negotiating on our behalf!!! We feel so fortunate to have met you that day on your open house in Dana Point. Not only are you a very knowledgeable realtor, but you also show that you care about your clients by always making sure they feel comfortable with their decisions. Your thoroughness, patience, and easy- going nature definitely help the sales process along. We have been very appreciative of that! We ob… Read more - Garry & Cheryl C.