There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions:
The Home Price Expectation Survey
A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter.
Zelman & Associates
The firm leverages unparalleled housing market expertise, extensive surveys of industry executives, and rigorous financial analysis. They do this to deliver proprietary research and advice to leading global institutional investors and senior-level company executives.
Mortgage Bankers Association (MBA)
As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate financing.
An organization whose mission is to provide liquidity, stability, and affordability to the U.S. housing market in all economic conditions.
The National Association of Realtors (NAR)
The largest association of real estate professionals in the world.
A leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets always.
Here are their projections of prices going forward:
Every source sees home prices continuing to appreciate – just at lower percentages as we move through the next several years. If you need a more in-depth explanation on how this could affect your real estate goals, contact us for a free consultation.