If you are thinking of buying or selling a home, you are probably asking, “Where are home prices headed in the next five years?” Here are some predictions:
Per the Home Price Expectation Survey:
- Home values should appreciate by 4.5% in 2014
- Average annual appreciation should be 3.94% over the next 5 years
- Cumulative appreciation should be between 11-19.7% by 2018
Note: This survey includes the averaged results from 100+ national economists, real estate experts and investment strategists.
Article from: Keeping Current Matters