REALTORS® Step Up Relief Efforts in Response to CoronavirusShareFacebook Twitter LinkedIn Print March 23, 2020 Melissa Dittmann Tracey, Sara GeimerWhile REALTORS;
Forecast for Home Pricing
Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond.
Here's the home price appreciation the experts are projecting over the next few years:
Our panel of expert sources
The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter.
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 within ever-changing business environments.
Zelman & Associates – The firm leverages unparalleled housing market expertise, extensive surveys of industry executives, and rigorous financial analysis to deliver proprietary research and advice to leading global institutional investors and senior-level company executives.
Freddie Mac – An organization whose mission is to provide liquidity, stability, and affordability to the U.S. housing market in all economic conditions extending to all communities from coast to coast.
The National Association of Realtors (NAR) – The largest association of real estate professionals in the world.
Fannie Mae – A leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets.
The Bottom Line
Every source sees home prices continuing to appreciate, which is great news for the strength of the market. Increases are projected to be strongest through the end of 2019 and continue through 2020.
Information compiled by KCM
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