Each quarter, Pulsenomics
surveys a “… dstinguished panel of over 100 economists, investment strategists, and housing market analysts regarding their 5-year expectations for future home prices in the United States.”
Here are the results of their latest survey about price appreciation/depreciation expected over the next five years:
The average pre-bubble (1987-1999) appreciation was 3.6% annually.
While modest price appreciation is predicted, the expectation for the level of home ownership in the next five years is lower…