The forecasted growth in the value added of imputed rents for owner-occupied dwellings in the US, from 2024 to 2028, shows a steady annual increase. Comparing the forecasted data to the recorded value in 2023—standing at approximately $1.67 trillion—the anticipated compound annual growth rate (CAGR) over five years suggests a resilient market trend, reflecting the continuous appreciation of owner-occupied housing and associated imputed rents.
Year-on-Year Variations:
- 2024 to 2025: 2.86%
- 2025 to 2026: 2.75%
- 2026 to 2027: 2.66%
- 2027 to 2028: 2.56%
The notable trend in this forecast highlights a consistent year-over-year growth rate slightly declining yet remains robust, indicating steady economic confidence impacting housing valuation.
Future Trends to Watch:
- Impact of interest rate fluctuations on mortgage affordability and subsequent rent valuations.
- Potential demographic shifts influencing housing demand.
- Economic policies affecting real estate investment and housing market behaviors.
