Monday, November 17, 2014
Homeowners’ short-term confidence in their home’s value has hit its highest level yet, and long-term optimism is looking up as well.
A new Rasmussen Reports national telephone survey finds that 40% of American Homeowners now expect their home’s value to increase in the next year. This is up five points from October and the highest level of short-term optimism to date. Thirteen percent (13%) say the value will go down in that period, nearly unchanged from previous survey. Forty-four percent (44%) believe it will stay about the same in the next year, in line with recent surveys. Three percent (3%) are not sure. (To see survey question wording, click here.)
The survey of 673 American Homeowners was conducted on November 13-14, 2014 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.Rasmussen subscribers can log in to read the rest of this article.
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