Home Prices Will Jump 4% Says Zillow Study

SEATTLE—More than 100 experts are split on the root causes of mounting housing affordability concerns in several large housing markets nationwide, and expect home values to end the year up 4.4%, on average, according to the latest Zillow Home Price Expectations Survey.

The survey of 106 economists, real estate experts and investment and market strategists asked panelists to predict the path of the U.S. Zillow Home Value Index through 2018 and solicited opinions on the main cause of declining home affordability. The survey was sponsored by leading real estate information marketplace Zillow, Inc. and is conducted quarterly by Pulsenomics LLC.