Q4 2024 Home Price Expectations Survey Analysis

This document is a technical report detailing the findings from the Q4 2024 Home Price Expectations Survey conducted between November 12 and November 22, 2024. The survey involved 115 panelists who provided insights into their expectations regarding home price appreciation for the year 2025. The report categorizes responses into three main outlooks: upside, downside, and balanced risk assessments. It presents statistical data on the percentage of respondents who expect home values to increase, decrease, or remain stable compared to 2024. Additionally, the report outlines various factors influencing these expectations, such as property taxes, homebuyer sentiment, and mortgage rates. It highlights that a significant majority of respondents anticipate a lower average home price appreciation rate in 2025, with specific factors ranked by their perceived impact. The report serves as a comprehensive resource for understanding market trends and expert opinions on future home prices.