Story Highlights

  • New high of 71% expect prices to increase, up from 40% in 2020
  • Public largely divided on whether it is a good time to buy a house
  • More pick real estate as best investment than other options

WASHINGTON, D.C. — Seventy-one percent of U.S. adults predict the average price of houses in their area will increase over the next year. The current results stand in sharp contrast to attitudes in April 2020, amid mounting economic uncertainty at the start of the coronavirus pandemic, when just 40% predicted a rise in home values.

Until last year, majorities had expected home prices to rise each year since 2013. The current 71% is technically the highest in Gallup’s trend, though not statistically different…

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