Americans consider real estate as their best long-term investment, according to Gallup’s 2024 Economy and Personal Finance survey.
In a choice of six investment options, real estate scored highest among the survey’s respondents with a 36% share, followed by stocks or mutual funds (22%), gold (18%), savings accounts or certificates of deposit (13%), bonds (4%) and cryptocurrency (3%). The percentage choosing real estate was similar to last year’s survey – real estate has topped Gallup’s annual poll every year since 2014.
“The recent performance of real estate and stocks likely explains their high position on the list this year,” said Gallup in announcing its results. “U.S. real estate values are down from the record high in the fourth quarter of 2022, when the median home sale price was $479,500. However, they remain well above the average values from early 2021 and before. Stock values also reached new highs this year, according to the major U.S. stock indices.”
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