Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Zillow's new survey-based index gauging consumer sentiment about housing markets and homeownership indicates that more U.S. consumers feel positive about real estate market than not. All households had a real estate confidence index of 63.7, according to the telephone-based survey of 10,000 consumers conducted by Pulsenomics LLC on behalf of Zillow. The Zillow Housing Confidence Index ranges from 0 to 100 with marks above 50 indicating positive sentiment. Consumer real estate sentiment was positive in all 20 large metros Zillow tracks in the study, topped by San Jose at 69.4, Miami at 67.5 and San Diego at 67.5. The index includes a "Homeownership Aspiration" component that measures renters' attitudes and likelihood of pursuing homeownership. Nationwide, renters had an aspiration ...