Now that’s more like it – 100 economists were surveyed last month and the average guess of annual home appreciation was back in the comfortable 3% zone. But I dug a little deeper to find the list of economists and their individual guesses, and there was more variance than I expected. Here is the list:

Q3_2023_Summary_Table

Their guesses for next year range from -10% (from Pimco and Auction.com) to +10% from Gerd-Ulf Krueger, who is the only guy on the list who calls me regularly.

Gerd, I said +10% for San Diego, not the whole country! 🙂