Here’s an updated version of the 2016 Houston home appraisal values Power BI report. I included a Trends tab that makes use of Power BI’s forecast feature to project the Average Appraisal Value and YOY Appraisal Change for the years 2017-2020.
It’s interesting to note that while homes continue to appreciate in value, the amount by which they are appreciating is slowing down. You could argue that the downward shift in the oil sector had an impact in the housing market about a year later. With the recent hurricane that went through the city, this forecast could continue to trend downward for the next couple of years.
If you want to find more information about how to use this report, check out my previous post.