The current public sentiment is that more than 50% of Americans expect home prices to continue to rise. A survey was published by Fannie Mae representing data collected during the April housing survey. When polled on the question ‘if it is a good time to sell?’ month over-month there was a three percentage point increase in April to 51%. This represents an increase of 19% increase over this same time last year.
What’s your opinion?
https://blogs.wsj.com/developments/2013/05/07/survey-over-50-of-americans-expect-home-prices-to-rise