Prices Projected to Remain Strong Through 2018
The Home Price Expectation Survey was released last week by Pulsenomics. They survey a nationwide panel of over one hundred economists, real estate experts and investment & market strategists asking them to project home prices moving forward. Here is a graph showing what percentage appreciation they expect in each of the next five years.
Obviously some of the experts differed in their projections. Here is a graph showing four cumulative projections:
The pre-bubble trend
The 25% most optimistic experts (bulls)
The 25% most pessimistic experts (bears)
For some perspective, we also included the following information:
Update all your presentation manuals with the new projections and make sure you use the visuals in your marketing.