Long-term outlook for U.S. home values dims

Pulsenomics

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…

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Outlook for US Home Prices Dims

Pulsenomics

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…

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Most Experts Expect Home Value Gains Will Slow

Pulsenomics

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…

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Great (and Quite Variable) Expectations

Pulsenomics

“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…

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Settling Dust from the Housing Bust?

Pulsenomics

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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