Expected Home Value Change Through 2025 | October 2021 KCM Report

Below is the estimated home price performance, and it’s from the Home Price Expectations Survey.

Continued appreciation is expected through the rest of 2021 according to the report. With an expectation of nearly 11.74%

This is a shift from the massive 18-20% appreciation that we have seen in the market over the past year. A more moderate pace through the rest of this year will to most buyers be a welcomed change. 

Looking forward into 2022 through 2025 we’re seeing continued appreciation but at that more moderate pace.

With expectations of appreciation in 2022 to be near 5.82% home prices should not start to show us any decline, they’re just expected to appreciate at a slower pace.

The good news is that we will see the market yearly growth at a more moderate and healthy pace. Prior to 2020, we saw growth at a healthy rate and so this is what is expected to be experienced in the coming years. 

With an overall cumulative Home value change to be at 31.8% through 2025 buyers can hopefully rest easy at night with some security they are still making a good financial decision in today's market.