Whether homeowners think their home's value is higher, lower, or about the same as 12 months earlier, from Michigan's Surveys of Consumers (3-point scale) and SHED 2014 (3-point) and 2015 (5-point scale collapsed to three).
AI-matched An AI model grouped these questions and mapped their answers onto shared categories, and a second AI review checked and corrected the grouping and mapping. No person has checked it: compare the question wordings and the answer mapping below before reading the lines against each other.
Latest: 17% answered “Lower” in Fed SHED: Change in home value over past year, 2015.
Shares of everyone asked, including non-answers. Each point is one survey wave at the middle of its field period. Lines from different surveys are never spliced together.
| Line | Question | Match | How answers map |
|---|---|---|---|
| Fed SHED: Home value compared with a year ago | Home value compared with a year ago Compared to 12 months ago, do you think the value of your home today is higher, lower or stayed the same? | identical | Lower value → Lower; Value has stayed the same → About the same; Higher value → Higher |
| Fed SHED: Change in home value over past year | Change in home value over past year Compared to 12 months ago, do you think the value of your home today is higher, lower or stayed the same? Caveat: 5-point scale collapsed to 3; intensity lost | equivalent | Value is a lot lower → Lower; Value is a little lower → Lower; Value has stayed the same → About the same; Value is a little higher → Higher; Value is a lot higher → Higher |