Home Prices Have Appreciated 6.9% in 2018

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Between 1987 and 1999, which is often called ‘pre-bubble period’, according to the Home Price Expectation Survey, the value of the house has increased by an average of 3.6%.
Every month, CoreLogic economists release the results of their Home Price Insights Report, which includes changes in actual year over year prices in the country and their predictions for next year.
The chart below shows the anticipated year-to-year prices for 2018 (predictions made in 2017). According to their predictions, the average appreciation should be 4.8% during 2018, which is still higher than the ‘normal’ appreciation of 3.6%. Read continue
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