Fannie Mae: Confidence in Home Price Gains Reaches Record Levels

June 13, 2013
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Reports of strong home price gains drove confidence in the housing market up to record levels in May, Fannie Mae reported.

According to the GSE’s May 2013 National Housing Survey, Americans expressed record confidence in price gains, with 55 percent—a survey high—saying they believe prices will go up in the next year. Only 7 percent of respondents in the survey expect prices to drop, the lowest level since the survey’s inception.  To read the full DSNews.com article click here.