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24% Say Their Home is Worth Less Than When They Bought It

Friday, June 28, 2013

Most homeowners still say their home is worth more than when they bought it, but one-in-four now say it’s worth less.

Fifty-six percent (56%) of U.S. Homeowners say that, compared to when they bought it, their home is now worth more. That’s down from 58% in April which tied the highest level measured since October 2011. A new Rasmussen Reports national telephone survey finds that 24% say their home is now worth less than when they bought it, up from 20% in April and the highest since October. Eighteen percent (18%) say their home is worth about the same as when they bought it. (To see survey question wording, click here.)

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The survey of 708 Homeowners nationwide was conducted on June 25-26, 2013 by Rasmussen Reports.  The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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