Tag Archives: House Prices

Rodney Ramcharan of the USC Lusk Center for Real Estate spoke with MReport about current house prices, the current state of the market, and the possible effect of Fed action on the market.

The likelihood that home prices will decline is itself declining overall. But not in some places.

With affordability becoming a major concern in many housing markets in the United States due to increasing price appreciation and low supply, house-buying power in the U.S. is receiving help from an unlikely source.

Industry experts have determined that if the housing market follows its current trajectory, the median home price in the U.S. will be equal to that of prices before the housing crisis by 2017.

Record-low yields on U.S. treasuries are keeping mortgage rates down near all-time lows, which in turn is driving increases in house-buying power and affordability.

According to FHFA, however, price growth may decelerate to more normal rates of appreciation barring dramatic increases in wage growth and vast improvements in other areas of the market.