. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. According to a report by Zillow, home values are projected to increase by 5.5% over the next year, slower than the 16.9% increase seen in 2021. The average sale price reported for the month (i.e. This rate of appreciation, he says, is consistent with the long-term average of home prices increasing by a rate that hovers a percentage point above the inflation rate. Top economists and real estate professionals share their predictions for 2022. Although builders are increasing production, the supply of new and existing homes will remain . However, even if mortgage rates rise, they're likely to remain well below historic highs - which popped above 18% in September and October of 1981. [CDATA[// >