24% Think Their House Will Be Worth Less Five Years From Now
Short- and long-term confidence in housing values remains low.
A new Rasmussen Reports national telephone survey finds that only 23% of homeowners believe the value of their home will go up over the next year. That’s up from 18% last month but more in line with findings earlier this year. Slightly more (29%) think the value of their home will go down. That's the highest level of pessimism since March but less negative than views for most of 2011. A plurality (45%) believes their home value will stay about the same. (To see survey question wording, click here.)
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The national survey of 743 Adult Homeowners was conducted on August 19-20, 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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