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A housing survey conducted by the Federal National Mortgage Association, Fannie Mae, showed that many consumers still have a positive view about the housing economy. The survey conducted last month found that 41% of consumers are confident that home prices will increase over the next year. Doug Duncan, Fannie Mae’s chief economist said, ‘the housing market continues to be firm, with consumer home price expectations for both rental and ownership properties near the strongest levels that we’ve seen in the survey’s two-and-a-half-year history.” More here
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