The pace at which home prices are rising should moderate later this year, with home prices forecast to rise by 8 percent this year then increase by another 4 percent in 2014, according to an analysis from Capital Economics. Although the research firm agrees with analysts who have warned recent home price gains are not sustainable, housing bubble concerns were described as "premature." Unlike other projections, the firm also doesn't expect to see a swift increase in mortgage rates over the next year.
Tuesday, June 11, 2013
Firm Forecasts 8% Increase in Prices, Decrease in Mortgage Rates
Labels:
home prices,
interest rates,
mortgages
Real Estate News
Reuters: Business News
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- Housing market heading toward rebound or bust? | a...
- New Lennar subdivision under construction in Footh...
- Lennar’s New Multifamily Unit to Build First Compl...
- Glendale's Westgate sees influx of bars, eateries
- 2 Valley REITs refocus from buying to selling
- Beach-club developer Yari acquiring downtown Galleria
- Lowdown on Elevation Chandler: Sale in works
- Scottsdale council ends discussion of Blue Sky’s c...
- Construction expected to start on industrial park ...
- The Dodd-Frank mortgage shift: From pre-qualify to...
- Feds crack down on foreclosure auction scams
- Reports Show No Phoenix Housing Bubble
- Fed Mortgage Stockpile Seen Cushioning Pullback: C...
- Firm Forecasts 8% Increase in Prices, Decrease in ...
- Fannie Mae: Confidence in Home Price Gains Reaches...
- Big Banks Bet on Jumbo Mortgages Again - CNBC
- Housing Improves in Key Areas, but Homeowners Stil...
- Foreclosure sales rate in judicial states shoots u...
- Qualify for a mortgage? Maybe not for long | REwired
- Heritage Marketplace in downtown Gilbert picking u...
- $800K entertainment-center investment worth it, Av...
- State lacks affordable rental housing
- Work Could Resume Soon On $1M Venue Expansion | Ar...
- West Valley cities easing building-permit process
- Plans for a big Gaylord resort in Mesa may be revived
- Metro Phoenix new-home permits up in April
- Vestar secures $63.5 million loan for refinancing ...
- PV’s Mountain Shadows moves step closer to redevel...
- Agencies team up to aid thousands of homeless vets...
- Mortgage broker sentenced in fraud
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