Americans Upbeat on Prospects for Home Prices

Posted by Bonnie Martin Designated Broker on Thursday, November 15th, 2012 at 10:10am.

The Wall Street Journal - Americans continue to show growing confidence that home prices will increase over the next 12 months, offering another sign of a slow but steady housing recovery, according to Fannie Mae's FNMA -1.09% monthly national-housing survey.

The mortgage-finance company said its poll of 1,001 Americans showed that consumers  expect home prices to increase an average of 1.7% over the next year.

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