Home Price Appreciation Forecast

Questions continue to come up about where home prices will headthroughout the rest of this year, as well as where they may begoing over the few years beyond.

We’ve gathered current data from the industry’s mostreliable sources to help answer these questions:

The Home Price ExpectationSurvey – A survey of over 100 marketanalysts, real estate experts, and economists conductedby Pulsenomics each quarter.

Mortgage BankersAssociation (MBA) – As the leadingadvocate for the real estate finance industry, the MBA enablesmembers to successfully deliver fair, sustainable, and responsiblereal estate financing within ever-changing businessenvironments.

Zelman & Associates –The firm leverages unparalleled housing market expertise, extensivesurveys of industry executives, and rigorous financial analysis todeliver proprietary research and advice to leading globalinstitutional investors and senior-level company executives.

Freddie Mac – Anorganization whose mission is to provide liquidity, stability, andaffordability to the U.S. housing market in all economic conditionsextending to all communities from coast to coast.

The National Association ofRealtors (NAR) – The largest associationof real estate professionals in the world.

Fannie Mae – A leadingsource of financing for mortgage lenders, providing access toaffordable mortgage financing in all markets.

Here’s the home price appreciation these expertsare projecting over the next few years:

Bottom Line

Every source sees home prices continuing to appreciate, which isgreat news for the strength of the market. The increase is steepestthroughout the rest of 2019, and prices should continue to rise aswe move through 2020 and beyond.