Experts are forecasting what they believe will happen with home prices this year and beyond.
A Pulsenomics panel of over 100 economists, investment strategists, and housing market analysts are surveyed each quarter, regarding their 5-year expectations for future US home prices. The following was their most recent consensus, for December-December; results from Q4 2022:
2023 -1.61%
2024 +1.90%
2025 +3.75%
2026 +4.25%
2027 +4.44%
As seen, slight price depreciation this year is followed by projected steady appreciation. The best advice regarding when to purchase a home is to know all of the facts with an expert professional on your side.
Photo by Matt Jones on Unsplash
