IS A NEW BUBBLE FORMING IN REAL ESTATE???
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Below are price changes and time, since the peak of 2007/8, and with the increased values over the last 3 years, one has to ask, “Is a New Real Estate Bubble”? Most forecasters are projecting a slower rise in the years ahead, modifying the appreciation to 5% generally, with pockets of both higher and lower appreciation. We’ve heard it before “Real Estate is Local”. But there is something more in the trends, where the lower price ranges “entry level” to mid levels are appreciating at a faster rate than the upper ranges of a market..and then there is high end luxury, which is a market of its own.
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REAL ESTATE PRICE – INFOGRAPHIC