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You are here: Home / U.S. Economy / Americans Remain Optimistic About Housing Market

Americans Remain Optimistic About Housing Market

April 27, 2017 By Geoffrey Disch Leave a Comment

Despite rising prices and low inventory, the majority of Americans – 67 percent – continue to believe that it’s a good time to buy a home, according to the Gallup U.S. Economic Confidence Index.

Not surprisingly, 74 percent of residents in the West are optimistic that home prices will continue to rise.

Those in the West are also more likely to prefer real estate as a long-term investment over stocks, bonds, gold or savings compared with the rest of the country.

Overall, Americans remain confident in the U.S. economy, although the Confidence Index has been declining in recent weeks.

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Filed Under: U.S. Economy Tagged With: Confidence Index

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