Investor optimism fell another 5 points in September to a level of 68, the fourth consecutive month of decline and the lowest level for the year, according to the UBS/Gallup Index of Investor Optimism. The Index is conducted monthly and had a baseline score of 124 when it was established in October 1996.
Real estate and housing continue to worry investors with 55 percent believing that the potential for a housing or real estate crash in some local markets is hurting the investment climate “a lot.” This is basically unchanged from the 54 percent who felt this way in August but is a sharp jump from the 41 percent who felt this way in July and represents the highest level of concern about housing since tracking of this issue began in October 2005.
Real estate and housing continue to worry investors with 55 percent believing that the potential for a housing or real estate crash in some local markets is hurting the investment climate “a lot.” This is basically unchanged from the 54 percent who felt this way in August but is a sharp jump from the 41 percent who felt this way in July and represents the highest level of concern about housing since tracking of this issue began in October 2005.