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BUSINESS

Confidence in Housing Market Surges

Despite high interest rates, homeowners are now more confident in the resale value of their homes than they’ve been in nearly five years.

The latest Rasmussen Reports national telephone and online survey finds that 51% of American homeowners think the value of their home is likely to go up over the next year – up nine points since February,  and the highest since July 2019. Just 13% now say the value of their home is more likely to go down – down four points from February – while 32% expect their home’s value to remain about the same. (To see survey question wording, click here.)

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The survey of 1,222 American Adults was conducted May 12-14, 2024 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.

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We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.

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