Current Portland Real Estate Market InformationPortland OregonPortland Real Estate DataPortland Real Estate Statistics May 22, 2012

Where are housing prices headed?


Everyone seems to be asking their professional Realtor’s prediction is on where home values are headed.

 To answer this question I want to quote three separate reports that have been published in the last 60 days: the Home Price Expectations Survey (HPES), the Urban Land Institute Real Estate Consensus Forecast (ULI) and the Demand Institute’s Report (DIR): The Shifting Nature of U.S. Housing Demand. Here are their projections:

A slow but steady return is projected by all.  If you plan to stay in your house for 5 years, you can expect appreciation –  not like the good old days in the rush, but a good, modest growth at a pace that’s a welcome relief after the last few years.

With thanks to the KCM Blog.