- In a phone survey of 1,001 Americans last month, Fannie Mae said, 35% of respondents said they expect home prices to go up this year, and the consensus was a 2% gain. In the survey's two-year history, 35% is a high.
- People have a lot less confidence about the economy generally, and the agency's chief economist said that could stall the improvement in the housing outlook.
- On rental housing, 48% said they think rents will rise this year, with 4% the consensus number.
From the article:
Americans interviewed by Fannie Mae are generally more optimistic about housing with 35% of those surveyed saying home prices will rise in the next 12 months, according to the GSE's June National Housing Survey. ...