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Economists upbeat about housing moving forward

December 27, 2012 Filed under: The Buzz

Zillow is releasing results from the latest Zillow Home Price Expectations survey, a nationwide, quarterly survey of more than 100 economists and forecasters based on where they believe the S&P/Case-Shiller U.S. National Home Price Index is headed over the next five years.

Survey respondents said they expect home prices to increase in full-year 2012 by 4.6 percent, up from their more modest forecast of 2.3 percent in the September 2012 survey. Respondents also indicated they expect home prices to rise 3.1 percent in 2013, up from an expectation of 2.4 percent in September, and by more than 3 percent annually through 2017.


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