Rising prices narrow home value perception gap in September

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Owner Perceptions of Home Values Rise as the Year ends. home price perception Index (HPPI) The gap between owner perceptions and appraiser opinions of home values is the smallest since March.

On average, a homeowner suspicion his or her home was value 1.14% above a appraised value, compared with a 1.35% opening for Aug and a 1.26% opening in Sep 2016, according to Quicken’s Home Price Perception Index.

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 · London property prices have fallen for the fifth month in a row, wiping more than £15,600 off the value of the average home since the market peaked 18 months ago.

Car exports helped to narrow the UK’s trade deficit in September to the lowest level in five years, almost entirely eliminating the gap between overall imports. as slowing job creation failed to.

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Quicken Loans goes on to state that despite appraisers and homeowners still continuing to differ, that appraisal values continue to rise. For October 2017, home values are up by an average of 0.71.

“Annual house price growth was stable in September at 2%. “Indeed, annual house price growth has been confined to a fairly narrow range of c2-3% over the past 12 months, suggesting little change in the balance between demand and supply in the market. “Looking.

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Gap Between Appraisals, Expectations Widens in April. according to Quicken Loans’ National Home Price Perception Index (HPPI).. but the persistent low inventory keeps home values rising.