Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Home Price Growth Expectations Decline, but Consumers’ Outlook on Housing Remains Positive

June 2, 2016 – “The Federal Reserve Bank of New York today released results from its February 2016 SCE Housing Survey, which provides information on consumers’ housing-related experiences and expectations. The survey shows a modest decline in home price growth expectations. However, the majority of households still view housing as a good financial investment. Mortgage rate expectations have declined since last year’s survey, and renters’ perceived access to mortgages has become easier. This latest survey marks the third installment of the Survey of Consumer Expectations Housing Survey, which has been fielded annually every February since 2014. With this release the New York Fed is also unveiling a new SCE Housing Survey interactive web feature, which presents time trends for variables of interest for the overall sample, as well as for various demographic groups…”

Sorry, comments are closed for this post.