September 28, 2012
Most Americans still don't see a full recovery of the housing and stock markets in the next three years.
A new Rasmussen Reports national telephone survey finds that 50% of American Adults think it will take more than three years for housing prices to fully recover from the downturn that began in 2008. That's down slightly from 52% in August and 57% in June, the most negative assessment of the housing market since regular tracking began in January 2009.
Just five percent (5%) think full recovery is likely to occur within the next year. Fifteen percent (15%) say recovery is three years away, while 10% say it's two years away. Twenty percent (20%) are undecided. (To see survey question wording, click here.)
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The survey of 1,000 Adults was conducted on September 22-23, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.