Thursday, January 3, 2013

Experts Predict 3.1% Home Prices Increase in 2013

Experts Predict 3.1% Home Prices Increase in 2013

Home prices will increase by 3.1 percent in 2013 and top off 2012 with a 4.6 percent gain, according to Zillow’sDecember Home Price Expectations Survey.

The survey, which was conducted by Pulsenomics LLC, was based on responses from 105 economists and industry experts.
In September, survey panelists projected more modest gains and predicted prices would rise by 2.4 percent in 2013 and increase overall by 2.3 percent in 2012.
Through 2017, panelists expect prices to increase by more than 3 percent annually. Read more ...

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