Industry Experts Predict Housing Prices About to Rise
A new survey out by a leading research company indicates that real estate home prices are about to start going up. Pulsenomics, LLC is an independent research firm that specializes in collecting real estate data. They gathered information from the Zillow Home Price Expectations Survey where 114 economists, real estate experts and invest market strategists were asked to predict real estate home prices in the coming years. Experts in economy and real estate are predicting that home prices will decline only slightly this year. They expect home prices to fall only about 0.4 percent. After this year, the experts all agree that home prices will increase thereafter. This is big news because this is the first time individual economists were surveyed and were in agreement that real estate home prices will rise.
The overall results of this important survey about real estate home prices are below.
Real estate home prices over the next 5 years:
As you can see, these experts are predicting that real estate home prices are going to go up in the next 5 years and that is welcome news for everyone!