REALTORS® Expect Modest Price Growth In Next 12 Months

Dated: December 4 2014

Views: 1154

With rising inventory  and modest expectations of demand growth,  REALTORS®  responding  to the  October 2014 survey expected home prices to increase modestly in the next 12 months, according to data gathered from the October 2014 REALTORS® Confidence Index Survey:  http://www.realtor.org/reports/realtors-confidence-index[1]. Local conditions vary with expectations anchored on factors such as the level of inventory, the state of the local job market, and credit conditions. The median expected price increase is about 3 percent.  No state had a median expected price growth above 5 percent.  States  with the most upbeat price expectations (orange) include California, Washington, North Dakota, Texas, Florida, Georgia, the District of Columbia, and Massachusetts–states with strong housing markets, job growth, and economies.
SOURCE: REALTOR.COM

Want to Advertise on this Site?

Latest Blog Posts

Property Estimates PLUS Lots More

https://newsletter.homeactions.net/archive/newsletter/16753/11692812

Read More

Property Estimates PLUS A Lot Of Extras

https://newsletter.homeactions.net/archive/newsletter/16753/11692812

Read More

Jan 14 2021 66083 Ginny Mueller Home Actions Newsletter

What to Do? Check out a few tips to help with quick home improvement ideas.Ginnyhttps://newsletter.homeactions.net/archive/newsletter/16753/12105773

Read More

Did You Know This About Thanksgiving Becoming A National Holiday

Thanksgiving Becomes a National HolidayPilgrims held their second Thanksgiving celebration in 1623 to mark the end of a long drought that had threatened the year's harvest and prompted Governor

Read More