The 2015 Housing Market: What it Means for You

The annualized growth rate in the housing market is slowing down, according to reports. Released this month covering statistics for the month of March, the Home Price Index (HPI) shows the growth rate decelerating to 4.2 percent, down from 7.8 percent which was noted in the February report. The good news is this slowdown is a good thing for the real estate housing market. In fact, this HPI number indicates a more balanced housing sector is expected for the near future.

Predictions for 2015 is for the national housing market to move into a more normal state with less highs and lows in housing prices. A more stabilized real estate market is good for real estate market. Buyers are more interested in entering the market place and home owners can still expect to sell their homes at a reasonable level.