Confidence in Housing Market Shows Little Change
Homeowners remain fairly confident in their home’s short- and long-term value, and most still think it’s worth more than what they owe on their mortgage.
A new Rasmussen Reports national telephone survey finds that 36% of Adult Homeowners think the value of their home will go up over the next year, down from November’s all-time high of 40%. Twelve percent (12%) believe their home’s value will go down next year, but nearly half (47%) say it will remain about the same. (To see survey question wording, click here.)
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The survey of 637 American Homeowners was conducted on December 12-13, 2014 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.