Despite Rates: Survey shows Americans are increasingly optimistic about the housing market, despite the threat of a continued rise in mortgage rates, a new survey shows.
Fifty-three percent of Americans expect home prices to increase by an average of 3.9 percent over the next 12 months, according to Fannie Mae’s July National Housing Survey of 1,000 home owners.Only 6 percent expect prices to fall, a new low in the survey's three-year history.
“Expectations for continued improvement in housing persist, and sentiment toward the current buying and selling environment is back on track from its dip last month Learn more about Fannie Mae..
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