Confidence in Housing Market Jumps to New Highs
Tuesday, January 20, 2015
More homeowners than ever believe their home will be worth more in the future than it is today.
A new Rasmussen Reports national telephone survey finds that 44% of American Homeowners say the value of their home will go up over the next year, up four points from the previous high of 40% in November
and the highest level of short-term optimism in regular surveying since the spring of 2009.
Just 10% think their home’s value will go down over the next 12 months, a new low. Forty-three percent (43%) say it will stay about the same. (To see survey question wording, click here.)
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The survey of 670 American Homeowners was conducted on January 16-17, 2015 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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