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Confidence in Housing Values Falls to Lows for the Year

Friday, July 20, 2012

Confidence in the short- and long-term housing market among homeowners has fallen to the lowest level of 2012.

A new Rasmussen Reports national telephone survey of Homeowners shows that just 18% expect their home’s value to go up over the next year, down four points from June. Twenty-five percent (25%) expect home values to go down over the next year, while 51% say they will remain about the same. (To see survey question wording, click here.)

The national survey of 732 Adult Homeowners was conducted on July 18-19, 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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