Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment and market strategists about where prices are headed over the next five years.
They then average the projections of all 100+ experts into a single number.
The results of their latest survey released last week:
Here are the results:
- Home values will appreciate by 4.5% in 2014.
- The average annual appreciation will be 3.94% over the next 5 years
- The cumulative appreciation will be 19.7% by 2018.
- Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of almost 11% by 2018.
Click here to search Northern Illinois Homes for Sale.
Thinking of making a move?
Log onto my website at www.StarHomeTeam.com and search Northern Illinois Homes for sale.
Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com
Jim Starwalt, Real Estate Broker
Find Me Online
Home Prices Over the Next 5 Years