• Home
  • About Me
  • Teaching
  • Research
  • Blog
  • Get in Touch
  Figures and Forecasts by Eric Gaus

Figures and Forecasts

View my profile on LinkedIn

RSS Feed

Housing Prices

5/12/2017

0 Comments

 
Liberty Street Economics just posted about their recent housing survey. They see a sharp increase in the housing price expectations by consumers. That local level survey reinforces the expectations of the WSJ forecasters. The graph below depicts the consensus expectations for housing price growth for the year of 2017. The light yellow line shows the actual annualized growth rates. 
Picture
Liberty Street shows changes of expectations from one year to the next, but with the WSJ forecasters we are able to observe a steady increase in estimates over the last 15 months. Predictions for 2018, while lower than 2017, also have become more optimistic. This is partial due to continued rapid growth of actual house prices. Again, the data above corroborates Liberty Street's story using different data (FHFA housing price index supplied by Freddie Mac vs the Case-Shiller index used by Liberty Street). 

Housing price growth is expected to slow down, however, both consumers and financial professionals agree it will not slow down too much.
0 Comments



Leave a Reply.

    Archives

    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017

    Categories

    All
    Airlines
    College
    Durable Goods
    Econometrics
    Elections
    Equities
    Euro
    Expectations
    Federal Funds Rate
    Galton
    Gdp Growth
    Gender
    Google Trends
    Housing
    Immagration
    Income
    Inflation
    Labor Market
    My Forecasts
    Nyse
    Options
    Payrolls
    Recession
    Taxes
    Unemployment
    Venture-capital
    Wages
    Wine
    WSJ Survey
    Yield Curves

    RSS Feed

LATEST UPDATE​: 9.7..2017

© COPYRIGHT 2017. ALL RIGHTS RESERVED.
  • Home
  • About Me
  • Teaching
  • Research
  • Blog
  • Get in Touch