Americans expect 1.4% increase in home prices: New Richmond, Wisconsin

Real Estate Agent with Property Executives Realty


Fannie Mae interviewed approximately 1,000 survey respondents for its May National Housing Survey. Most Americans interviewed by Fannie Mae believe home prices will increase at least 1.4 percent over the next 12 months, the government-sponsored enterprise said.


Of those who responded, 34 percent — the highest level since March 2011 — said home prices will rise over the course of the next 12 months. In addition, 41 percent of respondents believe home mortgage rates will likely go up over the course of the next year, an increase from the previous month.


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Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you! is consumer confidence that drives a market, so this is good news, indeed.

Jun 28, 2012 01:30 AM #1
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