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We provide a simple, engaging and accurate forecast for home values over the next few years,
using statistical prediction and crowd-sourced information to inform you about changes in your home’s value.
Scroll down to begin.
Over the next few years, what seems
most likely to happen to real estate prices in your area?
Please continue down to learn about
housing trends in your area,
or skip to your proprietary forecast.
"Home prices are cyclical. Therefore, it is important to look at prices over a longer time period and compare them to the long-term moving average.
relative to average
Home prices move based on the laws of supply and demand. As sales volumes pick up, home prices increase. Distressed sales levels are also important because a lot of distressed sales will drive down home prices.
Positive job growth and low unemployment levels are required to support a healthy economy and ongoing price expansion.
Housing prices, mortgage rates and household income are important factors in determining the affordability of a home. For example, if the mortgage rate goes up, new home buyers' payments will become a greater part of household income and put downward pressure on home prices.
The National Consumer Sentiment Index measures the degree of consumer optimism of the state of the economy, as expressed through their savings and spending.
Large groups of people are smarter than an elite few, no matter how brilliant. Together we are better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.
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The information contained in this website is provided for general information only. HouseCanary does not warrant the accuracy, adequacy or completeness of the information contained in this website. The information in this website is limited in scope and is not intended to be relied upon for the purposes of making investment and/or business or financial decisions. Professional advice is recommended before making any financial, business or investment decisions.
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