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Property Explorer – HouseCanary Forecast
Property Explorer – HouseCanary Forecast
Updated over a week ago

Value forecast graphs
The forecast graphs show the subject property’s value trend for the previous five years, and how the property is likely to fluctuate based on our proprietary market-level Home Price Indices.

Use the toggle in the upper right corner to view tabs for the 36-month forecast for the subject property’s ZIP code, and the 12-month forecast for the block.

Hover over the graph to see the projected value for any specific month in the timeline.

How we build our forecasts

Our engineers and data scientists build algorithmic models to generate local historical price indices from our dataset, and to project future trends based on those indices.

Machine learning models are ideally suited to generating predictions by identifying high-level patterns in complex datasets. Our data scientists rebuild our home price models every month, constantly testing our forecast accuracy by comparing the previous month’s model outputs to real market data.

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