Posts Tagged ‘expert panel’
Experts Share Metro-Level Home Price Forecasts for 2023
For the first time in the 14-year history of Pulsenomics’ quarterly Home Price Expectations Survey, we asked our panel of experts to supplement their outlook for nationwide U.S. home prices with their expectations for each of 20 major metropolitan area housing markets. Respondents weighed-in with a price forecast for 2023 and expectations for when…
Read More2017 Crystal Ball Award Winners Announced
For the majority of U.S. households, residential real estate is the single largest asset on the balance sheet. Prevailing home equity levels–and expected home value changes–can have an out-sized influence on consumer spending and behavior (i.e., wealth effects). As an asset class, U.S. housing has an aggregate value of almost $30 trillion. For these…
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.…
Read MoreNew Construction Double Jeopardy: Land & Labor
Sales of newly built single-family homes have struggled to recover to pre-recession norms, and single family construction activity overall has been anemic despite limited for-sale inventory and evidence of robust demand in certain market segments (e.g., entry-level homes). In the latest Zillow Home Price Expectations Survey, we asked an expert panel of more than 100…
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…
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…
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…
Read MoreReigning Renters
Experts are split on whether the inventory of renter-occupied homes will continue to increase at a significantly faster pace than owner-occupied dwellings in the coming 1-2 years. According to the latest Zillow Home Price Expectations Survey (released this morning), 44% of 103 expert panelists who expressed a view on the topic believe that current…
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),…
Read MoreHousing Hurdles
Pulsenomics asked members of its expert real estate panel to indicate and rank factors that they consider to be significant impediments in the near- to intermediate-term to a more uniform and sustainable U.S. housing market recovery. Here’s the breakdown of the responses: We also asked the panelists which factor they consider to be the…
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