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Expecting Higher Home Prices? Fannie Mae Says You're Not Alone

Posted by Bonnie Martin Designated Broker on Wednesday, May 8th, 2013 at 8:29pm. - The April edition of Fannie Mae's National Housing Survey revealed increasing optimism in American attitudes toward both housing and the overall economy.  Virtually every positive indicator in the survey ticked upward.

More than half of survey respondents now expect home prices to climb within the next 12 months.  Fifty-one percent said they expected such improvement, up 3 percentage points from March and 19 points higher than in April 2012.   Expectations of how large that increase will be remained at an average of 2.7 percent for the second month in a row.

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