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BlogsCalifornia Real Estate PerspectivesUS Home prices forecast to rise 5.2 percent

Posted almost 10 years ago

US Home prices forecast to rise 5.2 percent

Fresh data out from CoreLogic shows National YOY Home Prices Increased 6.3 Percent in September 2016

http://insightsapp.corelogic.com/api/v1/blog/article/625

Highlights:

  • Home prices forecast to rise 5.2 percent over the next year.
  • The highest appreciation was in the West, with Oregon and Washington growing by double digits in September.  (West Coast is the best coast?)
  • After adjusting for inflation, (national) home prices are still 19.1 percent below their peak

    • What I found most interesting was the graph on price segments.  It shows that the lower price points have fully recovered while middle price points still have a way to go before reaching their former peak.

    Later, I'll be posting about California specific forecasts. 

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