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Expected change in prices of homes in the respondent's neighborhood or community over the next year; SHED uses magnitude scales, Michigan uses direction categories or a recoded numeric expectation.
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: 9% answered “Prices go down” in Fed SHED: Expected change in neighborhood home prices, 2015.
Shares of people whose answer maps onto these categories (non-answers and answers outside the scale are left out), because surveys differ in whether they offer “don’t know.” Each column is one survey wave, evenly spaced rather than to scale in time; hover for exact shares.
Shares of people whose answer maps onto these categories (non-answers and answers outside the scale are left out), because surveys differ in whether they offer “don’t know.” 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: Expected change in neighborhood home prices | Expected change in neighborhood home prices In the next 12 months, how much do you think that home prices in your neighborhood will change? Caveat: 2015 uses 'a lot/a little' rather than 5% thresholds; collapsed to direction | equivalent | Go down by a lot → Prices go down; Go down by a little → Prices go down; Stay about the same → Stay about the same; Go up by a little → Prices go up; Go up by a lot → Prices go up |
| Fed SHED: Expected change in neighborhood home prices | Expected change in neighborhood home prices In the next 12 months, how much do you think that home prices in your neighborhood will change? Caveat: SHED has magnitude categories (5% threshold) collapsed to direction; neighborhood vs. homes like yours | equivalent | Go down by more than 5 percent → Prices go down; Go down by less than 5 percent → Prices go down; Stay about the same → Stay about the same; Go up by less than 5 percent → Prices go up; Go up by more than 5 percent → Prices go up |