Just 11% Expect Their Home’s Value To Go Up Over Next Year
Confidence that home values will go up over the coming year has fallen to the lowest level ever recorded.
The latest Rasmussen Reports national telephone survey of homeowners shows that just 11% now believe the value of their home will go up over the next 12 months. That’s down from 16% last month. Prior to the latest survey, the number who expected their home values to rise during the next year ranged from 15% to 31%.
One-in-three homeowners (33%) now expects his or her home’s value to go down in the next year, down slightly from June’s high of 37%. Fifty-three percent (53%) think their home will be worth about the same amount in a year's time. (To see survey question wording, click here.)
(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.
The national telephone survey of 676 Homeowners was conducted on July 17-18, 2011 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.
Want to read more?
Become a Rasmussen Reader to read the article
Have an account?Log In
Become a ReaderSubscribe
Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.
We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.
Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.
To learn more about our methodology, click here.