Homeowners More Optimistic on Housing Market, Prices

The economy is still struggling to make a full recovery and the unemployment rate is still sitting above 8%, but when it comes to the housing market, consumers are optimistic about the future, according to a semi-annual survey by real estate website Trulia.

The American Dream survey was conducted in May, and shows consumers are optimistic about the health of the housing market and that home prices will rise in the near future.

The survey was commissioned Harris Interactive and polled 2,205 homeowners and renters in May to get a sense of their attitude toward home ownership in light of the housing crash that led to the recession. Surprisingly, the results also showed more people are seriously considering buying a new home now compared to the last survey.

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