Economy
An Overlooked Fault Line in American Animal Spirits: Homeowners vs. Renters
In recent years, much of the media narrative about consumer confidence has focused on the partisan sentiment gap, where Republicans and Democrats flip-flop on optimism based on which party holds the levers of power in Washington D.C. In our “K-shaped” economy, surveys also reveal a confidence chasm between upper- and lower-income population cohorts. But there’s…
Read MoreIs AI Weakening America’s Animal Spirits?
Over the past decade, Pulsenomics has tracked American consumer sentiment and underlying economic impulses using more than 3.4 million data points collected to date from over 42,000 respondents to the Pulsenomics Animal Spirits Survey (PASS). What started as a data experiment and study of legacy confidence and sentiment indexes has evolved into a novel, systematic…
Read MoreGreat Expectations–2024 Crystal Ball Award-Winners
For fifteen years running, the Home Price Expectations Survey (HPES), produced by Pulsenomics in partnership with Fannie Mae, has served as a real estate market barometer and go-to resource for anyone trying to understand where U.S. home prices might be headed. Each quarter, over 100 expert panel members share their outlook and perspectives, forecasting the…
Read MoreHome Price Projections Pop–Despite Decades-High Mortgage Rates. Cause to Celebrate?
Results from the latest (Q3) edition of the Home Price Expectations Survey are now available. The survey was conducted by Pulsenomics July 31 – August 14th. A notable takeaway: the significant shift among our panelists recently in their outlook for 2023 U.S. housing market performance. The quarter-to-quarter change in near-term home price expectations (+3.7 points)…
Read MoreExpert Panel Weighs In on Fed Policy
In the most recent Pulsenomics panel survey of more than 100 economists and market experts, respondents shared their views re: the Fed’s monetary policy options and when they expect the next U.S. recession will begin. The survey data were collected May 9th-May 23rd, well in advance of this afternoon’s Fed announcement. Here’s a summary:…
Read MoreHome Price Expectations Tick Up–But Consensus Is Elusive
The results of the latest (Q2) edition of Pulsenomics’ Home Price Expectations Survey have been released, and they reveal that most of our expert respondents have become less downbeat about the 2023 outlook for U.S. home values. The survey data were collected May 9th– May 23rd. The mean of all 109 responding panelists’ expectations…
Read MoreWhat a Difference a Year Makes… in the Outlook for U.S. Home Prices
What a difference a year makes in the outlook for U.S. home prices. Here are some observations from data collected in the Q1 2023 edition of the Pulsenomics Home Price Expectations Survey: More than two-thirds of the 107 experts who responded expect home values to fall this year–up from just 7% of panel respondents…
Read More100+ Forecasts for U.S. Home Prices & Rents
Last week, Zillow announced the results of the latest Home Price Expectations Survey conducted by Pulsenomics. In addition to updating their projections for nationwide home prices through 2026, our expert panelists shared their outlook concerning how U.S. house values will change relative to residential rent prices, stock prices, and headline CPI inflation. First, let’s…
Read MoreEconomic curse words (nine letters, not four)
In the most recent Zillow Home Price Expectations Survey, we asked over 100 expert panelists to weigh-in re: their expectations for (CPI) inflation and economic recession in the U.S. The survey was conducted over a two-week period ended May 9th. The I-word: Inflation During the survey field period, the latest (March) CPI print was…
Read MoreGreat (Home Price) Expectations
Every quarter for more than 12 years, at least 100 members of an expert panel managed by Pulsenomics participate in the Zillow Home Price Expectations Survey to predict the 5-year future path of U.S. home prices and weigh-in on topical concerns pertinent to residential real estate and mortgage markets. In every year since the survey’s 2010…
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