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Consumers’ Ups and Downs
Wednesday, April 10, 2013 6:55 AM

A Fannie Mae telephone survey of about 1,000 Americans finds a divide between expectations about the housing market and expectations about their own personal finances.  According to its March national housing survey, 48 percent think home prices will rise in the next year, and 26 percent think now is a good time to sell a home, nearly twice the share compared to a year ago.

The share of respondents who said they would buy if they were going to move fell 4 percentage points to 64 percent.  However, 21 percent expect their own personal financial situation to get worse over the next 12 months, up 4 percent from February. And 32 percent reported significantly higher household expenses than a year ago.