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Expert Tells Bisnow: Real Estate Prices Will Keep Rising Unless Builders Get Crazy

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Expert Tells Bisnow: Real Estate Prices Will Keep Rising Unless Builders Get Crazy

CoreLogic’s Home Price Index for November 2015 shows home prices up nationwide, jumping 6.3% year over year.

And the good news keeps on coming: CoreLogic’s HPI Forecast says to expect a 5.4% increase come next November, a trend that looks to continue.

  • low mortgage standards boosting demand 
  • low single family construction727,000 in November compared to a 890,000 average, not to mention the pre-recession peak of 1.8 million
  • and millennials are finally heading towards homeownership.

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