What’s in Store for Housing in 2016?

housing_concept_in_handWhat’s in Store for Housing in 2016?

Published by RISMedia, January 12, 2015

The overall tone for housing in 2016 is positive, according to a recently released Clear Capital Home Data Index™ (HDI™), with projected home price appreciation in the range of 1 percent to 3 percent by January 2017. Although this range historically has represented a stable housing market, it’s significantly lower than the 5.1 percent growth rate during 2015 and the 6.6 percent growth rate in 2014, demonstrating continued market instability and a trend of decreasing rates. While we would love to sugarcoat the HDI data and declare that 2016 merely will be a normalization of the housing market to historical averages not seen since the late 1990s, several factors indicate that it could be another volatile year leading to ongoing uncertainty about housing in america.

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What’s in Store for Housing in 2016?

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Christopher Tenggren

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