Northeast housing market confidence lags behind the rest of the country

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November 11, 2014

Zillow reports that though the housing market confidence improved slightly in the Northeast in the latter part of the year, it remains low compared to other parts of the country.
 
The most recent Zillow Housing Confidence Index also shows that renter expectations about how housing markets will evolve over the next year is also lower in the Northeast than elsewhere in the country. Among the region’s top metro areas, Boston’s housing confidence is strongest, and renters in New York tend to be skeptical about the financial returns of homeownership.
 
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