Confidence In Housing Market Improves
Belief among homeowners that home values will increase during the next few years is the strongest it has been in a year, as is confidence that their homes are worth more than what they still owe.
The latest Rasmussen Reports national telephone survey of homeowners shows that 21% now believe their home will be worth more in a year, up seven points from last month and the highest result measured since February 2011. Still, 27% say their home will be worth less in a year’s time, while 51% expect its value to remain about the same. (To see survey question wording, click here.)
The survey of 670 U.S. Homeowners was conducted on January 16-17, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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