Housing Price Forecast for Next 5 Years

ALG Industry Report - October 1, 2012

Article Summary
  • Hous­ing has been one of 1st sec­tors to rebound fol­low­ing a reces­sion, yet progress con­tin­ues to be fleet­ing
  • Recent­ly has been some pos­i­tive move­ment in home prices, but it is clear that ini­tial esti­mates for home prices in 2012 were over­ly opti­mistic
  • ALG does not expect home prices to reach their pre-reces­sion peaks w/in next 5 years
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