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Fewer Than Half Now Say Their Home Is Worth More Than What They Paid for It

For the second survey in a row, fewer than half of U.S. homeowners believe their home is worth more than when they bought it.

Forty-eight percent (48%) of homeowners now say their home is worth more now than when they bought it, according to a new Rasmussen Reports national telephone survey. That’s just below April’s finding of 49%, the first time that figure dipped below 50% in over two years of regular surveying.  By comparison, in October 2011, 62% reported that their home was worth more than when they bought it, and in June 2008, 80% thought their home was worth more than when they bought it.

The national survey of 729 Adult Homeowners was conducted on June 18-19, 2012 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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