The Home Price Expectation Survey was released last week by Pulsenomics. They survey a nationwide panel of over one hundred economists, real estate experts and investment & market strategists asking them to project home prices moving forward. Here is a graph showing what percentage appreciation they expect in each of the next five years.
Obviously some of the experts differed in their projections. Here is a graph showing four cumulative projections:
- The pre-bubble trend
- The 25% most optimistic experts (bulls)
- All projections
- The 25% most pessimistic experts (bears)
For some perspective, we also included the following information:
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-Steve and Sandra
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