Most Americans Unaware of Home Value Growth

July 22, 2015

Zillow’s Housing Confidence Index found that 25 percent of Americans think there was no growth in home values last year.

The reality is that home values grew 4 percent nationally in more than 65 metros across the country. Out of all the respondents surveyed, Bostonians had the most people correctly judged how home values had changed (in their case, not much change).

Florida showed the biggest divide between what homeowners thought happened to home values and what actually occurred this past year. Respondents in the Sunshine State thought home values stayed flat, when in fact there was an increase as much as 12 percent in South Florida.

Read more