My friends at Keeping Current Matters have released another interesting set of information. This time a quarterly report from Pulsenomics who survey a distinguished 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:
Price appreciation/depreciation expected over the next five years:
2012: -.4%
2013: +1.3%
2014: +2.6%
2015: +3.2%
2016: +3.5%
The average pre-bubble (1987-1999) annual appreciation was 3.6%
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