Appreciation: The celebrated phenomenon of your home’s value increasing over time. The more your home appreciates from the purchase price, the more profit you’ll bag at resale.  Appreciation won’t passively manifest. You’ll need to maintain your home’s condition and keep tabs on your neighborhood’s development to secure a value rise. Real estate market factors Supply and demand Property values rise when a low supply of homes for sale meets strong buyer demand, as buyers compete in bidding wars to secure a home from the limited inventory. “We definitely have seen an increase in home values recently and the biggest factor driving that