Posted by: Marvin Remmich | January 3, 2013

Experts Predict 3.1% Price Increase in 2013

Home prices will increase by 3.1 percent in 2013 and top off 2012 with a 4.6 percent gain, according Zillow’s December Home Price Expectations Survey. The survey, which
was conducted by Pulsenomics LLC, was based on responses from 105 economists
and industry experts. In September, survey panelists projected more modest
gains and predicted prices would rise by 2.4 percent in 2013 and increase
overall by 2.3 percent in 2012. Through 2017, panelists expect prices to
increase by more than 3 percent annually.

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