99% of Experts Agree: Home Prices Will Increase

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Real Estate Agent with Real Estate Technology Partners 2004010624

99 per cent 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%.

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Rainmaker
1,577,644
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

As they say Jim West all Real Estate is local. I can't see prices going up here anytime soon as we have a glut of inventory and we are coming off an oil boom that sent prices shy high and the the boom busted.

Mar 30, 2018 06:55 PM #1
Rainer
365,476
Edward Gilmartin
CRE - Boston, MA

A home is a place to live in long term. Makes no sense to buy based on experts one year view.

Mar 30, 2018 07:06 PM #2
Rainmaker
3,978,839
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

That one percent are the ones that pray upon others to make a lving

Mar 30, 2018 10:22 PM #3
Ambassador
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Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

There are many opinions, the most important one is your own.

Mar 31, 2018 12:00 AM #4
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Rainmaker
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Jim West

Our Passion Is Helping 1st Time Home Sellers
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