53% Expect Housing Market to Take More Than Three Years to Recover
Sunday, February 03, 2013
Most Americans (53%) still expect housing prices to take more than three years to fully recover from the 2008 downturn. That's consistent with findings since last June. A new Rasmussen Reports national telephone survey finds that 34% of American Adults think it will take three years or less for housing prices to recover, with four percent (4%) who see full recovery within a year. That's in line with attitudes in December but slightly more optimistic than Americans had been for several months prior to that. Fourteen percent (14%) are not sure. (To see survey question wording, click here.)
The survey of 1,000 Adults was conducted on January 30-31, 2013 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.