Forecast 2015: Price Stabilization
Home prices stabilize: The double-digit price increases seen in 2013 have slowed, and more stable growth was the trend in 2014. As investors have retreated from the market, so have the rapid home prices in many markets. Home prices are expected to continue to edge up in 2015, predicting a 4.5 percent gain. After two years of abnormally high levels of home-price appreciation in 2012 and 2013, price increases moderated throughout 2014.