[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fqvsuoktgrq2d":3,"$ffeh0925h8cuz":43,"$f2emv3tus0uf1":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":31,"next":37},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":29,"updatedAt":30},3607,"home-price-appreciation-is-skyrocketing-in-2021-what-about-2022","Home Price Appreciation Is Skyrocketing in 2021. What About 2022?","One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.\r\n\r\n","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114728\u002F20210909-KCM-Share.jpg","One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.\r\n\r\n\u003C!--more-->\r\n\r\nHere are the latest percentages showing the year-over-year increase in home price appreciation:\r\n\u003Cul>\r\n \t\u003Cli>The \u003Ca href=\"https:\u002F\u002Fwww.fhfa.gov\u002FAboutUs\u002FReports\u002FReportDocuments\u002F2021Q2_HPI.pdf\">\u003Cem>House Price Index (HPI)\u003C\u002Fem>\u003C\u002Fa> from the\u003Cem> Federal Housing Finance Agency\u003C\u002Fem> (FHFA): 18.8%\u003C\u002Fli>\r\n \t\u003Cli>The \u003Ca href=\"https:\u002F\u002Fspglobal.com\u002Fspdji\u002Fen\u002Fdocuments\u002Findexnews\u002Fannouncements\u002F20210831-1442970\u002F1442970_cshomeprice-release-0831.pdf\">\u003Cem>S. National Home Price Index\u003C\u002Fem>\u003C\u002Fa> from \u003Cem>S&P Case-Shiller\u003C\u002Fem>: 18.6%\u003C\u002Fli>\r\n \t\u003Cli>The \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Fintelligence\u002Fu-s-home-price-insights\u002F\">\u003Cem>Home Price Insights Report\u003C\u002Fem>\u003C\u002Fa> from \u003Cem>CoreLogic\u003C\u002Fem>: 18%\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nThe dramatic increases are seen at every price point and in all regions of the country.\r\n\u003Ch4>\u003Cstrong>Increases Are Across Every Price Point\u003C\u002Fstrong>\u003C\u002Fh4>\r\nAccording to the latest \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Fintelligence\u002Fu-s-home-price-index-annual-growth-reaches-all-time-high\u002F\">\u003Cem>Home Price Index\u003C\u002Fem>\u003C\u002Fa> from \u003Cem>CoreLogic\u003C\u002Fem>, each price range is seeing at least a 19% increase year-over-year:\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114341\u002F20210909-MEM-ENG-1.png\">\u003Cimg class=\"aligncenter wp-image-45117\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114341\u002F20210909-MEM-ENG-1.png\" alt=\"Home Price Appreciation Is Skyrocketing in 2021. What About 2022? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Increases Are Across Every Region in the Country\u003C\u002Fstrong>\u003C\u002Fh4>\r\nEvery region in the country is experiencing at least a 14.9% increase in home price appreciation, according to the \u003Ca href=\"https:\u002F\u002Fwww.fhfa.gov\u002FAboutUs\u002FReports\u002FReportDocuments\u002F2021Q2_HPI.pdf\">\u003Cem>Federal Housing Finance Agency\u003C\u002Fem>\u003C\u002Fa> (FHFA):\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114442\u002F20210909-MEM-ENG-2.png\">\u003Cimg class=\"aligncenter wp-image-45118\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114442\u002F20210909-MEM-ENG-2.png\" alt=\"Home Price Appreciation Is Skyrocketing in 2021. What About 2022? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Increases Are Across Each of the Top 20 Metros in the Country\u003C\u002Fstrong>\u003C\u002Fh4>\r\nAccording to the \u003Ca href=\"https:\u002F\u002Fspglobal.com\u002Fspdji\u002Fen\u002Fdocuments\u002Findexnews\u002Fannouncements\u002F20210831-1442970\u002F1442970_cshomeprice-release-0831.pdf\">\u003Cem>U.S. National Home Price Index\u003C\u002Fem>\u003C\u002Fa> from \u003Cem>S&P Case-Shiller\u003C\u002Fem>, every major metro is seeing at least a 13.3% growth in prices (\u003Cem>see graph below\u003C\u002Fem>):\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114539\u002F20210909-MEM-ENG-3.png\">\u003Cimg class=\"aligncenter wp-image-45119\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114539\u002F20210909-MEM-ENG-3.png\" alt=\"Home Price Appreciation Is Skyrocketing in 2021. What About 2022? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>What About Price Appreciation in 2022?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nPrices are the result of the balance between supply and demand. The demand for single-family homes has been strong over the last 18 months. The supply of houses available for sale was near historic lows. However, there’s some good news on the supply side. \u003Cem>Realtor.com\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fnews.move.com\u002F2021-09-02-Realtor-com-R-August-Housing-Report-Seller-Activity-Warms-Up-as-432,000-Newly-Listed-Homes-Hit-the-Market\">reports\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“432,000 new listings hit the national housing market in August, an increase of 18,000 over last year.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThere will, however, still be a shortage of supply compared to demand in 2022. \u003Cem>CoreLogic\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Fintelligence\u002Fu-s-home-price-insights\u002F\">reveals\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Given the widespread demand and considering the number of standalone homes built during the past decade, the single-family market is estimated to be undersupplied by 4.35 million units by 2022.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nYet, most forecasts call for home price appreciation to moderate in 2022. The \u003Ca href=\"https:\u002F\u002Fpulsenomics.com\u002Fsurveys\u002F#home-price-expectations\">\u003Cem>Home Price Expectation Survey\u003C\u002Fem>\u003C\u002Fa>, a survey of over 100 economists, investment strategists, and housing market analysts, calls for a \u003Cstrong>5.12%\u003C\u002Fstrong> appreciation level next year. Here are the 2022 home appreciation forecasts from the four other major entities:\r\n\u003Col>\r\n \t\u003Cli>The \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002Fforecast-q3-2021-us-economic-outlook-07-29-2021_1.pdf\">\u003Cem>National Association of Realtors\u003C\u002Fem>\u003C\u002Fa> (NAR): 4.4%\u003C\u002Fli>\r\n \t\u003Cli>The \u003Ca href=\"https:\u002F\u002Fwww.mba.org\u002Fnews-research-and-resources\u002Fresearch-and-economics\u002Fforecasts-and-commentary\">\u003Cem>Mortgage Bankers Association\u003C\u002Fem>\u003C\u002Fa> (MBA): 8.4%\u003C\u002Fli>\r\n \t\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.fanniemae.com\u002Fmedia\u002F40816\u002Fdisplay\">\u003Cem>Fannie Mae\u003C\u002Fem>\u003C\u002Fa>: 5.1%\u003C\u002Fli>\r\n \t\u003Cli>\u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fresearch\u002Fforecast\u002F20210715_quarterly_economic_forecast.page?\">\u003Cem>Freddie Mac\u003C\u002Fem>\u003C\u002Fa>: 5.3%\u003C\u002Fli>\r\n\u003C\u002Fol>\r\nPrice appreciation is expected to slow in 2022 when compared to the record highs of 2021. However, it is still expected to be greater than the annual \u003Ca href=\"https:\u002F\u002Fcdn.blackknightinc.com\u002Fwp-content\u002Fuploads\u002F2021\u002F04\u002FBKI_MM_Feb2021_Report.pdf\">average\u003C\u002Fa> of 4.1% over the last 25 years.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you owned a home over the past year, you’ve seen your household wealth grow substantially, and you’ll see another nice boost in 2022. If you’re thinking of buying, consider buying now as prices are forecast to continue increasing through at least next year.","\r\nIf you owned a home over the past year, you’ve seen your household wealth grow substantially, and you’ll see another nice boost in 2022. If you’re thinking of buying, consider buying now as prices are forecast to continue increasing through at least next year.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F08114341\u002F20210909-MEM-ENG-1.png",false,[17,21,25],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},9,"Home Prices","home-prices","2021-09-09T10:00:03Z","2021-11-01T15:57:43Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},3606,"understand-your-options-to-avoid-foreclosure","Understand Your Options To Avoid Foreclosure","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F07113633\u002F20210908-KCM-Share.jpg","2021-09-08T10:00:01Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},3616,"fact-or-fiction-homebuyer-edition-infographic","Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002F09142019\u002F20210910-KCM-Share.png","2021-09-10T10:00:46Z",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[52,56,57,58,62,66,67,71,75,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155,159],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":59,"name":60,"slug":61},7,"Foreclosures","foreclosures",{"id":63,"name":64,"slug":65},8,"Infographics","infographics",{"id":26,"name":27,"slug":28},{"id":68,"name":69,"slug":70},11,"First-Time Buyers","first-time-buyers",{"id":72,"name":73,"slug":74},34,"Senior Market","senior-market",{"id":76,"name":77,"slug":78},35,"Mortgage Rates","mortgage-rates",{"id":80,"name":81,"slug":82},38,"Move-Up","move-up",{"id":84,"name":85,"slug":86},41,"For Sale by Owner","for-sale-by-owner",{"id":88,"name":89,"slug":90},42,"Featured","featured",{"id":92,"name":93,"slug":94},45,"New Construction","new-construction",{"id":96,"name":97,"slug":98},52,"Luxury \u002F Vacation","luxury--vacation",{"id":100,"name":101,"slug":102},53,"Rent vs. Buy","rent-vs-buy",{"id":104,"name":105,"slug":106},80,"Time-sensitive","time-sensitive",{"id":108,"name":109,"slug":110},81,"Outdated","outdated",{"id":112,"name":113,"slug":114},147,"Internal","internal",{"id":116,"name":117,"slug":118},148,"Do Not Autopost","do-not-autopost",{"id":120,"name":121,"slug":122},320,"Inventory","inventory",{"id":124,"name":125,"slug":126},321,"Agent Value","agent-value",{"id":128,"name":129,"slug":130},322,"Affordability","affordability",{"id":132,"name":133,"slug":134},323,"Buying Tips","buying-tips",{"id":136,"name":137,"slug":138},324,"Downsize","downsize",{"id":140,"name":141,"slug":142},325,"Economy","economy",{"id":144,"name":145,"slug":146},326,"Equity","equity",{"id":148,"name":149,"slug":150},327,"Forecasts","forecasts",{"id":152,"name":153,"slug":154},328,"Selling Tips","selling-tips",{"id":156,"name":157,"slug":158},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":160,"name":161,"slug":162},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]