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The bar chart displaying forecasts for home price changes in 2024, as assessed by various organizations and analysts. These values represent the percent appreciation or depreciation expected for home prices, as of the date of November 30, 2023.

I normally find Realtor.com and Zillow to be most accurate by far.  The rest are very laggy and manipulated kinda like govt stats. 

Average of All 8: This bar shows an average forecast from all eight sources mentioned in the graph, predicting a 1.5% appreciation in home prices.

MBA: The Mortgage Bankers Association forecasts a 4.1% appreciation, which is the most optimistic forecast presented.

Fannie Mae: A government-sponsored enterprise focused on mortgage markets, predicting a 2.8% appreciation.

Freddie Mac: Another government-sponsored enterprise dealing with mortgages, forecasting a 2.6% appreciation.

HPES: This abbreviation isn't standard, but it may refer to a specific economic survey or forecasting group, predicting a 2.2% appreciation.

Goldman Sachs: An investment bank and financial services company, with a forecast of 1.9% appreciation.

NAR: The National Association of Realtors, predicting a slight 0.7% appreciation.

Zillow: An online real estate marketplace, forecasting a slight 0.2% depreciation in home prices.

Realtor.com: A real estate listings website, offering the most pessimistic forecast with a 1.7% depreciation.

h/t Sanjay for the share

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Comments

Anonymous

Your a good friend Sanjay sharing your insights

Anonymous

Have a look at the 18.6 year property cycle to see a much much more reliable indicator of property price directions