Housing market 2011

According to an article published in the Housing Predictor, housing markets are to experience an improvement in sales during the spring of 2011. Improving conditions are expected to progress at a slow rate and to commence half way into 2011. According to the article, the average housing deflation forecast is 3.9% nationally for 2011.

Housing starts are also expected to increase by 30% in 2011, which is an important economic indicator as undoubtedly, it will spur growth in the economy. A boost in the economy will lead to an increase in housing prices. This is a long-term plan that will slowly bring house values up to stable levels not seen since the early 2000’s.