Soylent Green Is People said:We had a RE Consulting Group come by the office and give some info from their latest report
2018 expected appreciation 3.6%
2019 expected appreciation 1.5%
2020 expected appreciation -.01%
2021 expected appreciation -3.5%
Wish I had permission to post the entire 50+ page report as there's a great deal to chew on here, but it's a "subscriber only" newsletter.
Back in 2015, I heard a panel of noted economists predict that the next recession would start sometime during the second half of 2017 to the first half of 2018. Still waiting...
With all due respect, I don't think anyone is capable of accurately predicting what will happen beyond the next 6-12 months. If a forecast happens to be correct, I think it's more coincidence than anything else.