According to an article published in the Housing Predictor, housing markets are to experience an improvement in sales during the spring of 2011. Improving conditions are expected to progress at a slow rate and to commence half way into 2011. According to the article, the average housing deflation forecast is 3.9% nationally for 2011.
Housing starts are also expected to increase by 30% in 2011, which is an important economic indicator as undoubtedly, it will spur growth in the economy. A boost in the economy will lead to an increase in housing prices. This is a long-term plan that will slowly bring house values up to stable levels not seen since the early 2000’s.
