Zillow forecasts, the city will focus on developing more small house is located near public transport projects and urban centers. In addition, because there are many people living in the suburbs to rent in this area will be more affordable.
A recent analysis showed that the proportion of homeowners in the US are expected to increase again in 2017 and the rent will be more stable.
According to the forecasts of economists, in 2017
Property values will increase by 3.6%
According to reports from the real estate company Zillow, recent trends will reverse the market, recovering economy. Rental prices will be at a bargain, the proportion of homeowners will rise again from the lowest level in history.
The report also said that the most dynamic generation of the economy will play an important role in the growth rate of house ownership. Nearly half of home buyers in 2016 were first-time buyers and those born group in the period from the early 1980s to the early 2000s.
Zillow forecasts, the city will focus on developing more small house is located near public transport projects and urban centers. In addition, because there are many people living in the suburbs to rent in this area will be more affordable.
However, home buyers will have to pay more for the cost of construction is increasing in 2017 because of labor shortages, even this situation could worsen if the immigration policy of the new president-elect Donald Trump is applied.
More than 100 economic experts forecast that in 2017 the value of real estate will increase by 3.6%.
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