Apr 26 2016 18839 1

Dated: 04/26/2016

Views: 125

Survey: Real estate is the best investment

NEW YORK – April 25, 2016 – Americans ranked real estate as the best long-term investment, even over stocks and gold, according to a recent Gallup Poll of about 1,000 U.S. adults. Real estate has been the top investment choice for the past two years, and its lead is increasing over four other popular investment choices.

In the latest survey, 35 percent of Americans selected real estate as their top investment choice compared to 22 percent for stocks and mutual funds, 17 percent for gold, 15 percent for savings accounts/CDs and 7 percent for bonds.

By comparison, 34 percent of Americans said gold was their top long-term investment choice in 2011 and, at the time, only 19 percent said real estate.

"As the average sale price of new homes in the U.S. increased from $259,300 in August 2011 to $348,900 in February of this year, the percentage of Americans picking real estate as the best long-term investment almost doubled," according to Gallup. "During approximately the same time span – from August 2011 to April of this year – gold prices plunged from $1,910 to $1,254 per ounce, and the percentage thinking gold would be the best investment was cut in half."

The poll also found the following:

  • Men are more likely than women to say gold is the best long-term investment. Women tend to favor savings accounts more than men.

  • Survey respondents younger than 30 years old were the least likely age group (26 percent) to think real estate is the top investing choice. They're most likely to choose savings as a top long-term investment choice.

  • Renters (32 percent) and homeowners (34 percent) are almost equally likely to choose real estate as their top long-term investment choice.

Source: Gallup.com

© Copyright 2016 INFORMATION, INC. Bethesda, MD (301) 215-4688

Want to Advertise on this Site?

Latest Blog Posts

Jul 10 2018 18839 1

Real estate Q&A: Looking for your dream house? Here’s helpFORT LAUDERDALE, Fla. – July 6, 2018 – Question: We have been having trouble finding our dream home. The few homes we have

Read More

Jun 26 2018 18839 1

Finding a downpayment: Can I tap my IRA to buy house?NEW YORK – June 25, 2018 – Question: I've heard that I can withdraw money from my IRA to help pay for my first house. Is this true:

Read More

May 10 2018 18839 1

  The trees that help — and hurt — a home's value   ORLANDO, Fla. – May,

Read More

Five Unexpected Ways Owning A Home Benefits You

You probably know that owning your own home can benefit you financially, but home ownership comes with a surprising number of health, wealth and social perks too. Check out these five

Read More