Tag Archives: Home price growth projected to exceed 7% in 2013

Home prices could grow as high as 7.2% in 2013, JPMorgan Chase concluded in a new report. Analysts with the bank claim prices are posting historically strong gains as the market moves into the more active summer season. With high investor demand contributing to booming home prices as well as growth in prices of lower-tiered units posting stronger gains than higher-tiered units in major metropolitans, JPMorgan ($54.27 0.77%) is confident in its 7.2% growth projections. Furthermore, the banking giant has revised its projections to 3.9% in 2014 and 3.2% in […]