47% Think Full Housing Recovery More Than Three Years Away
Thursday, May 02, 2013
Americans continue to worry about the economy but remain slightly more confident in the full recovery of the housing market.
A new Rasmussen Reports national telephone survey finds that 47% of American Adults still think it will take more than three years for housing prices to fully recover from the downturn that began in 2008. But this is the second month in a row that number has dipped below the 50% mark and, generally speaking, reflects slightly more optimism than Americans have had since mid-2010. Seventeen percent (17%) think it will take the housing market three years to fully recover; 14% say two years, and six percent (6%) believe the housing market can recover in just one year. Sixteen percent (16%) are not sure. (To see survey question wording, click here.)
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The survey of 1,000 American Adults nationwide was conducted on April 28-29, 2013 by Rasmussen Reports. The margin of sampling error is +/- 3 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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