Mark Loewenberg PA 561-214-0370: Where Prices are Headed over the Next 5 Years Per KCM

Where Prices are Headed over the Next 5 Years Per KCM

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like theHome Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

price expectation survey kcmThe results of their latest survey

The latest survey was released last week. Here are the results:

  • Home values will appreciate by 4.3% in 2014.
  • The average annual appreciation will be 4.2% over the next 5 years
  • The cumulative appreciation will be 28% by 2018.
  • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of over 16.8% by 2018.

Individual opinions make headlines. We believe the survey is a fairer depiction of future values.

Thank you to KCM for passing along this data.

Thoughts? Questions?  Please call Mark Loewenberg PA anytime at 561-214-0370 or visit www.ForSaleHomeSearch.com to find live listings that match your specific search.

Mark Loewenberg PA

561-214-0370

Broker Associate
Keller Williams REALTOR®

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Comment balloon 9 commentsMark Loewenberg • November 12 2013 06:28AM

Comments

Saw an article on Yahoo just yesterday that stated home prices are going up to fast and could be unsustainable. Interesting.

http://homes.yahoo.com/news/experts-predict-us-home-value-appreciation-slow-2014-152423293.html

Posted by John Fauth, Turning your dreams into an address! (Coldwell Banker King Thompson) about 7 years ago

that is why I like the KCM survey as they take a poll of 100 folks in the industry and average their thoughts out.

Posted by Mark Loewenberg, KW 561-214-0370 (KW of the Palm Beaches) about 7 years ago

I like your numbers but i would actually disagree as I predict a bit more growth.  And I am betting on my numbers with my own money. 

Posted by Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Luxury Division Specialist (Keller Williams Advantage III Realty in Lake Nona) about 7 years ago

These statistics provde very good reasons to purchase a home now. Thanks for sharing this information.

Posted by Roy Kelley (Realty Group Referrals) about 7 years ago

they are good news on most accounts of seeing how the prices are continuing to rise

Posted by Mark Loewenberg, KW 561-214-0370 (KW of the Palm Beaches) about 7 years ago

Last years survey said it would be up 10% by 2016, so they are more positive of an aggresive recovery.  Don't know whether to be happy or scared...I don't want the market to grow to fast!  That's what happened before.

Posted by Evelyn Johnston, The People You Know, Like and Trust! (Friends & Neighbors Real Estate) about 7 years ago

so very good so see that we are all on the same page with price increases!

Posted by Mark Loewenberg, KW 561-214-0370 (KW of the Palm Beaches) about 7 years ago

I think that may be about right here as well as long as people can find jobs

Posted by Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl. (Charles Stallions Real Estate Services ) about 7 years ago

yes Charles, that is a great point, need to be able to pay for mortgages as prices rise

Posted by Mark Loewenberg, KW 561-214-0370 (KW of the Palm Beaches) about 7 years ago

Participate