Categories: ArmonkWestchester NY

Home price expectation over the next 12 months | Armonk Real Estate

Yes, home prices are expected to grow. And a recent October 2014 survey by the National Association of Realtors shows by how much.

Thanks to the combination of rising inventory and modest expectations for demand growth, Realtors expect home prices to increase only modestly in the next 12 months.

The rate varies across the nation but the median price increase is about 3% and never goes above 5%.

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Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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