57% Say Housing Prices Will Take More Than Another Three Years to Recover
Most Americans remain pessimistic about the U.S. housing market’s recovery from the bubble that burst in 2008. The latest Rasmussen Reports national telephone survey of American Adults shows that 57% believe that it will take more than another three years for the housing market to fully recover from the downturn that occurred in 2008. Fifteen percent (15%) predict a recovery in three years, while 10% say it will take one or two years more. Another 19% are undecided. (To see survey question wording, click here.)
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The survey of 1,000 Adults was conducted on June 16-17, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.