Confidence Growing in Real Estate Market

New York, NY, March 13, 2012 -- Potential home buyers and sellers are growing more confident, Bloomberg News reported, citing the Prudential Real Estate survey.

Sixty percent of people surveyed last month had positive views about the housing market and 70% expected property values to improve over the next two years.

About 63% of respondents said they considered real estate a good investment, up from 52% last year.