Forecasting Home Prices with Pulsenomics’ Terry Loebs
July 10, 2024
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Terry Loebs from Pulsenomics for a deep dive into forecasting home prices and the housing market. Terry has been at the forefront of measuring and projecting home prices for decades.
Here’s a glimpse of what you’ll learn:
- Can people really forecast the housing market? Or home prices?
- Can we better understand how housing wealth impacts the broader economy?
- Why legacy macroeconomic confidence indicators don’t include housing and why that matters
- What the Fannie Mae Home Price Expectations Survey tells us about the housing market for 2024 and beyond
- The surprising way that forecasters’ views for housing in 2024 are different than they have been for the last 15 years
- Why home prices have “downward stickiness”
- How forecasting long-term home prices is different from forecasting the next year and what to look for long term
- The one housing market indicator that 84% of expert panelists agree on
- Which risks are not yet priced into the housing market expectations
- The big macro economic trends that are potentially the most impactful for the housing market in the coming years.
Related to this episode:
The Top of Mind Podcast is produced by Altos Research. Each week, Altos tracks every home for sale in the country – all the pricing, and all the changes in pricing – and synthesizes those analytics to make them available before becoming visible through traditional channels.