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Confidence in Future Home Values Reaches New Highs

Wednesday, October 16, 2013

Homeowners are more confident than ever in both the short- and long-term values of their homes, and more now say their home is worth more than what they still owe on their mortgage.

A new Rasmussen Reports national telephone survey finds that 38% of U.S. Homeowners now believe the value of their home will go up over the next year, the highest finding since Rasmussen Reports began regular tracking in April 2009. Just 14% think their home will be worth less in a year, down six points from last month and the lowest since July.  Nearly half (46%) think the value of their home will remain about the same over the next year. (To see survey question wording, click here.)

 

 

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The survey of 699 Homeowners was conducted on October 13-14, 2013 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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