37% Expect Their Home’s Value to Go Up Next Year
Short- and long-term confidence in housing values are stable at levels seen since early last year and remain well ahead of whether they were for the four years prior to that.
A new Rasmussen Reports national telephone survey finds that 37% of U.S. homeowners now think the value of their home will go up in the next year. That’s up three points from August which was the lowest level of confidence measured in 2014. Fourteen percent (14%) expect the value of their home to go down over the next year, while 48% still expect it to stay about the same. Both those findings are unchanged from the previous survey. (To see survey question wording, click here.)
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The survey of 666 Adult Homeowners was conducted on September 14-15, 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.