flexiblefullpage - default
Currently Reading

Home Prices Expected To Rise Due To High Demand And Inventory Shortage

Advertisement
billboard - default

Home Prices Expected To Rise Due To High Demand And Inventory Shortage


May 31, 2017

A recent poll from Reuters indicated that U.S. home prices are expected to continue to rise over the next few years.

A shortage of available houses mixed with rising demand (particularly from home-ready Millennials and downsizing Baby Boomers) will fuel the price hikes.

A majority of the respondents to the poll said that the Trump administration should pursue some form of housing market deregulation.

Even without stimulus, U.S. home prices are likely to rise at almost double the current rate of underlying consumer prices and wages, according to the latest Reuters poll of around 40 property market analysts and economists.

Also, the average 30-year mortgage rate is expected to be 4.25 percent this year and 4.60 percent next year.

Read more

Advertisement
leaderboard2 - default

Tags

Related Stories

Economics

Shelter Costs Drive Inflation Higher Than Expected in January

January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening

Economics

Weighing the Effects of the Fed's and Treasury's Latest Announcements

The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady

Economics

NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon

Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic 

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.