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Are Home Prices About to Rise Or Fall?

The big question in real estate today is which direction home values are headed. There is no shortage of opinions on the subject. National Association of Realtors Chief Economist Lawrence Yun, during the National Association of Real Estate Editors conference in Denver a few weeks ago, said:

“This time next year, there could be a 10% price appreciation. I would not be surprised to see that.”

A few days earlier, Morgan Stanley, in their latest housing report, estimated a:

“drop of 5-10%  more”

If you want your buyers and sellers to see you as the real estate expert in your marketplace, you must be familiar with the projections that are being made and which estimates make most sense in your region. Here is a list of some of the pricing indices we follow.

Case Shiller Price Index

FHFA Home Price Index

CoreLogic Home Price Index

Clear Capital Market Report

Zillow Real Estate Market Reports

Add a comment to tell us others you may find helpful.

Source: KCM Blog

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