Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]
![Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20240113/16/original_e42ec5bb-150f-4eed-9151-71ca1ee47615.png)
Some Highlights
- If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
- Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years.
- If you're worried about falling home prices, don't be. Many experts forecast they'll keep rising for years to come. If you have questions, ask a local real estate agent.
Categories
Recent Posts
Selling and Buying at the Same Time? Here’s What You Need To Know
Should You Buy a Vacation Home?
What You Should Know About Getting a Mortgage Today
Think No One’s Buying Homes Right Now? Think Again.
Why Big Investors Aren’t a Challenge for Today’s Homebuyer
Top 5 Reasons To Hire a Real Estate Agent When You Sell
Multi-Generational Homebuying Hit a Record High – Here’s Why
What Every Homeowner Needs To Know In Today’s Shifting Market
Think It’s Better To Wait for a Recession Before You Move? Think Again.
Why Your Home's Asking Price Matters More Today
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”