Home prices
Economic Eclipse
Last summer, Pulsenomics asked an expert panel of economists, investment strategists, and real estate analysts to weigh-in with expectations re: the timing of, and likely triggers for, the next U.S. recession. In light of policy and financial market developments since then–including a spike in stock market volatility to levels about twice the record-lows recorded during…
Read MoreExpectations for Home Values Fading
Data from the latest installment of The Zillow Home Price Expectations Survey indicate that most of the 104 expert respondents foresee further moderation in the rate of U.S. home value appreciation beyond 2016. The outlook for 2016 U.S. home price appreciation is 3.7 percent, less than the 4 percent value increase realized in 2015. The…
Read MoreLeaders & Laggards in U.S. Housing
As the U.S. housing market recovery has progressed, home values are responding to local economic conditions rather than broader national trends. As a result, some metro-area housing markets with very strong local economies are out-performing the nation as a whole, while others are lagging. Will current market laggards continue to under-perform in 2016 and beyond?…
Read MoreLong-term outlook for U.S. home values dims
The long-term outlook for U.S. home values has diminished to a three-year low, and a clear-cut consensus among the experts remains elusive at the national level. This, according to The Q4 edition of the Zillow Home Price Expectations Survey published today. (Pulsenomics conducted the survey and collected 108 responses). Based on the projections of the most optimistic…
Read MoreOutlook for US Home Prices Dims
The results of the latest Zillow Home Price Expectations Survey are in: the panel’s expectation for U.S. home values fell to a 3.4 percent average annual rate for the five-year forecast horizon in Q3. This is the first time in 18 months that this proxy for experts’ housing market sentiment has weakened, and it’s the…
Read MoreMost Experts Expect Home Value Gains Will Slow
Despite low inventory and persistent price gains in U.S. residential real estate markets, most of the 111 panelists who participated in the latest Zillow Home Price Expectations Survey believe that home values will level-off. The panel expects home values to rise an average of 4.3 percent nationally in 2015 (they rose 5% last year), and…
Read MoreGreat (and Quite Variable) Expectations
“I have been bent and broken, but – I hope – into a better shape.” – Charles Dickens, from Great Expectations The U.S. Housing Confidence Survey (HCS) includes several questions regarding expectations for future home values within the local market where each head of household respondent resides. We ask the questions and carefully monitor the…
Read MoreSettling Dust from the Housing Bust?
The Q4 edition of the Home Price Expectations Survey was completed last week by Pulsenomics and was published today by Zillow (we administer this quarterly survey to an expert panel comprised of more than 100 economists, housing experts, and market strategists). Although ten percent of the experts who opined believe that housing market conditions are…
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