NY Fed says we still value homeownership

Home-Ownership-Matters-300x251By Brena Swanson | Housingwire

Americans’ views toward housing have not varied much over the past year, and they are still positive on homeownership as a good financial investment.

According the Federal Reserve Bank of New York’s 2015 housing survey, U.S. households, on average, expect home-price growth to continue at a 4.4% pace for the next year, comparable to the average year-ahead expectation reported in last year’s survey.

Last year’s survey was the first in the series, with this year’s survey getting administered to 1,205 U.S. heads of household in February 2015.

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