At the strt of each year, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate brokers, and investment & market strategists about where they believe prices are headed over the next five years.
Here are the 2018 results:
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. We believe this survey is a fairer depiction of future values. what are your thoughts?
Boston Condos for Sale
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