35% Expect Their Home's Value To Increase Over Next Year
Homeowner confidence in the short- and long-term future of housing values is down slightly from last month’s highs but remains relatively steady.
A new Rasmussen Reports national telephone survey finds that 35% of Homeowners now believe the value of their home will go up over the next year. That’s down from last month’s all-time high of 38% but remains well above confidence measured from 2009 through 2012.Just 13% expect home values to go down over the next year, while a plurality (49%) thinks they will remain about the same. (To see survey question wording, click here.)
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The survey of 710 Homeowners was conducted on November 22-23, 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.