Dive summary:
- Fannie Mae's National Housing Survey reported that last month, 43% of the people it queried said they think home prices will rise over the next 12 months, which is the best result since the survey began in June 2010.
- The average prediction from the 1,002 people who took part in the live telephone interview was that house prices will go up 2.6% during 2013.
- On the other hand, a fifth of the respondents said they expect their personal financial situations to deteriorate this year.
From the article:
The growing belief held by Americans that these housing indicators will climb in 2013 may inspire a boost in home purchase activity during the coming months. ...