«While
the overall appreciation rate was robust in the first quarter, home price appreciation was somewhat less widespread than in recent quarters,» says FHFA Supervisory Economist Andrew Leventis.
Not exact matches
The
overall decline in inflation from its peak a year ago reflects the continuing effects of the
appreciation of the exchange
rate.
At the same time, the
overall inflation
rate is being held down by the gradual pass - through of the exchange
rate appreciation, with prices of tradable items in the CPI declining slightly in recent quarters.
Why it matters: Like a property's cap
rate,
appreciation is an important piece of the puzzle when evaluating the
overall appeal of an investment property.
I would focus more on factors that improve your rental
rate and property
appreciation potential, namely labor market, net migration, education base, and
overall tax burden to the residents.
«On the heels of last year's nearly 7 percent national home value
appreciation rate, the prospect that prices will increase less than 5 percent
overall this year might be dispiriting to some,» says Terry Loebs, founder of Pulsenomics, conductor of the survey.
Nonetheless, given our current forecasts for home prices, which call for continued price declines in the near term and a slow
rate of
appreciation once the market hits bottom, price
appreciation is expected to have a marginal or even negative impact on the
overall costs to buy in many metro areas.
Also, because more - expensive mortgages make the
overall cost of buying a home increase, we may see price
appreciation slow down or, if
rates rise considerably, prices could tick downward.