Monday, November 19, 2012
Short-term confidence in the housing market remains unchanged, but long-term confidence is at its lowest level in a year of monthly tracking.
A new Rasmussen Reports national telephone survey finds that 24% of Adult Homeowners now believe their home’s value will go up over the next year. Twenty-seven percent (27%) say their home’s value will go down over the next year, while 45% expect it to remain about the same. (To see survey question wording, click here.)
Given the holiday week, there will be no Rasmussen Challenge this week. The contest will resume on Tuesday, November 27.
The survey of 745 Homeowners nationwide was conducted on November 17-18, 2012 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.Rasmussen subscribers can log in to read the rest of this article.
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