Home prices are expected to continue to rise in 2013, especially with investors on the hunt for good buys, but the New Year is expected to bring at least a few drops in home values along the way, according to real estate analysts.
Analysts with DBRS released a report this week, saying home acquisitions by investors are likely to keep pushing home prices higher. But the company's latest report also says mass real estate consumption by investors could eventually lead to large capital gains, bringing ever increasing competition and then dampening yields at some point.
The end result of this would be a tapering off in investors' appetites for homes, leading to a dip in home prices in certain regions, DBRS said.
Read more...Home price appreciation driven by investors: DBRS | HousingWire
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