charts - income personal finances
TRANSCRIPT
Charts - Income
Personal Finances
1A The Index of Consumer Sentiment
1Ba Current Component of the Sentiment Index
1Bb Expected Component of the Sentiment Index
6 Current Financial Situation Compared with a Year Ago
7A Higher Prices as Reasons for Worse Personal Finances
7B Income Reasons for Changes in Personal Finances
7C Wealth Reasons for Changes in Personal Finances
8 Expected Change in Financial Situation in a Year
9 Annual Trend in Past and Expected Household Finances
10 Current Financial Situation Compared with 5 Years Ago
11 Expected Change in Financial Situation in 5 Years
12 Five Year Trend in Past and Expected Household Finances
13 Expected Change in Household Income During the Next Year
14 Expected Change in Real Income During the Next Year
15 Probability That Personal Income Will Increase During the Next Year
16 Probability of Real Income Gains During the Next 5 Years
17 Probability of Losing a Job in the Next 5 Years
Savings and Retirement
18 Probability That Social Security and Pensions Will Provide Adequate Retirement Income
19 Change in Likelihood of a Comfortable Retirement Compared with 5 Years Ago
20 Probability of An Increase in Stock Market Price in the Next Year
21 Current Value of Stock Market Investments
22 Current Market Value of Primary Residence
Economic Conditions
23 News Heard of Recent Changes in Business Conditions
24B News Heard About Change in Employment
24C News Heard About Government Economic Policies
25 Current Business Conditions Compared with a Year Ago
26 Expected Change in Business Conditions in a Year
27 Trend in Past and Expected Business Conditions
28 Business Conditions Expected During the Next Year
29 Business Conditions Expected During the Next Five Years
Unemployment, Interest Rates, Prices, Government Expectations
30 Expected Change in Unemployment During the Next Year
31 Expected Change in Interest Rates During the Next Year
32 Expected Change in Prices During the Next Year
33 Expected Change in Prices During the Next 5 Years
34 Opinions About the Government's Economic Policy
Household Durables Buying Conditions
35 Buying Conditions for Large Household Durables
36A Price Reasons for Large Household Durables
36B1 Buying in Advance of Prices for Large Household Durables
36B2 Buying in Advance of Rates for Large Household Durables
36C Interest Rate Reasons for Large Household Durables
36D Economic Uncertainty Reasons for Large Household Durables
Vehicle Buying Conditions
37 Buying Conditions for Vehicles
38A Price Reasons for Buying Conditions for Vehicles
38B1 Buying in Advance of Prices for Buying Conditions for Vehicles
38B2 Buying in Advance of Rates for Buying Conditions for Vehicles
38C Interest Rate Reasons for Buying Conditions for Vehicles
38D Economic Uncertainty Reasons for Buying Conditions for Vehicles
39 Expected Change in Gasoline Prices During the Next Year
40 Expected Change in Gasoline Prices During the Next 5 Years
Home Buying and Selling Conditions
41 Buying Conditions for Houses
42A Price Reasons for Buying Conditions for Houses
42B1 Buying in Advance of Prices for Buying Conditions for Houses
42B2 Buying in Advance of Rates for Buying Conditions for Houses
42C Interest Rate Reasons for Buying Conditions for Houses
42D Economic Uncertainty Reasons for Buying Conditions for Houses
42E Capital Gain Reasons for Buying Conditions for Houses
43 Selling Conditions for Houses
44A Price Reasons for Selling Conditions for Houses
44B1 Selling in Advance of Prices for Selling Conditions for Houses
44B2 Selling in Advance Rates for Selling Conditions for Houses
44C Interest Rate Reasons for Selling Conditions for Houses
44D Economic Uncertainty Reasons for Selling Conditions for Houses
44E Capital Gain Reasons for Selling Conditions for Houses
45 Change in Home Values During the Past Year
46 Expected Change in Home Values During the Next Year
47 Expected Change in Home Values During the Next Five Years
20
40
60
80
100
120
140
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
IND
EX
VA
LU
E (
19
66
= 1
00
)
CHART 1A: THE INDEX OF CONSUMER SENTIMENT
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
IND
EX
VA
LU
E (
19
66
= 1
00
)
CHART 1A: THE INDEX OF CONSUMER SENTIMENT
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
IND
EX
VA
LU
E
CHART 1Ba: CURRENT COMPONENT OF THE SENTIMENT INDEX
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
IND
EX
VA
LU
E
CHART 1Ba: CURRENT COMPONENT OF THE SENTIMENT INDEX
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
IND
EX
VA
LU
E
CHART 1Bb: EXPECTED COMPONENT OF THE SENTIMENT INDEX
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
IND
EX
VA
LU
E
CHART 1Bb: EXPECTED COMPONENT OF THE SENTIMENT INDEX
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 6: CURRENT FINANCIAL SITUATION COMPARED WITH A YEAR AGO
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
160
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 6: CURRENT FINANCIAL SITUATION COMPARED WITH A YEAR AGO
Income Bottom Third Income Middle Third Income Top Third
0%
10%
20%
30%
40%
50%
60%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 7A: HIGHER PRICES AS REASONS FOR WORSE PERSONAL FINANCES
Income Bottom Third Income Middle Third Income Top Third
0%
10%
20%
30%
40%
50%
60%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 7A: HIGHER PRICES AS REASONS FOR WORSE PERSONAL FINANCES
Income Bottom Third Income Middle Third Income Top Third
-35
-25
-15
-5
5
15
25
35
45
55
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%H
IGH
-%
LO
W R
EF
ER
EN
CE
SCHART 7B: INCOME REASONS FOR CHANGES IN PERSONAL FINANCES:
%HIGHER INCOME - %LOWER INCOME
Income Bottom Third Income Middle Third Income Top Third
-35
-25
-15
-5
5
15
25
35
45
55
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%H
IGH
-%
LO
W R
EF
ER
EN
CE
S
CHART 7B: INCOME REASONS FOR CHANGES IN PERSONAL FINANCES:%HIGHER INCOME - %LOWER INCOME
Income Bottom Third Income Middle Third Income Top Third
-30
-20
-10
0
10
20
30
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%H
IGH
-%
LO
W R
EF
ER
EN
CE
SCHART 7C: WEALTH REASONS FOR CHANGES IN PERSONAL FINANCES:
NET CHANGE IN ASSETS AND DEBTS
Income Bottom Third Income Middle Third Income Top Third
-30
-20
-10
0
10
20
30
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%H
IGH
-%
LO
W R
EF
ER
EN
CE
S
CHART 7C: WEALTH REASONS FOR CHANGES IN PERSONAL FINANCES:NET CHANGE IN ASSETS AND DEBTS
Income Bottom Third Income Middle Third Income Top Third
80
90
100
110
120
130
140
150
160
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 8: EXPECTED CHANGE IN FINANCIAL SITUATION IN A YEAR
Income Bottom Third Income Middle Third Income Top Third
80
90
100
110
120
130
140
150
160
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 8: EXPECTED CHANGE IN FINANCIAL SITUATION IN A YEAR
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
OP
TIM
IST
IC M
INU
S P
ES
SIM
IST
IC P
LU
S 1
00
CHART 9: ANNUAL TREND IN PAST AND EXPECTED HOUSEHOLD FINANCES
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
160
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
OP
TIM
IST
IC M
INU
S P
ES
SIM
IST
IC P
LU
S 1
00
CHART 9: ANNUAL TREND IN PAST AND EXPECTED HOUSEHOLD FINANCES
Income Bottom Third Income Middle Third Income Top Third
50
70
90
110
130
150
170
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 10: CURRENT FINANCIAL SITUATION COMPARED WITH 5 YEARS AGO
Income Bottom Third Income Middle Third Income Top Third
50
70
90
110
130
150
170
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 10: CURRENT FINANCIAL SITUATION COMPARED WITH 5 YEARS AGO
Income Bottom Third Income Middle Third Income Top Third
100
110
120
130
140
150
160
170
180
190
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 11: EXPECTED CHANGE IN FINANCIAL SITUATION IN 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
80
100
120
140
160
180
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 11: EXPECTED CHANGE IN FINANCIAL SITUATION IN 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
60
80
100
120
140
160
180
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
OP
TIM
IST
IC M
INU
S P
ES
SIM
IST
IC P
LU
S 1
00
CHART 12: FIVE YEAR TREND IN PAST AND EXPECTED HOUSEHOLD FINANCES
Income Bottom Third Income Middle Third Income Top Third
60
80
100
120
140
160
180
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
OP
TIM
IST
IC M
INU
S P
ES
SIM
IST
IC P
LU
S 1
00
CHART 12: FIVE YEAR TREND IN PAST AND EXPECTED HOUSEHOLD FINANCES
Income Bottom Third Income Middle Third Income Top Third
-4%
-2%
0%
2%
4%
6%
8%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
DIA
N I
NC
RE
AS
E
CHART 13: EXPECTED CHANGE IN HOUSEHOLD INCOME DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
DIA
N I
NC
RE
AS
E
CHART 13: EXPECTED CHANGE IN HOUSEHOLD INCOME DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
40
50
60
70
80
90
100
110
120
130
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
INC
OM
E U
P M
INU
S P
RIC
ES
UP
PL
US
10
0
CHART 14: EXPECTED CHANGE IN REAL INCOME DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
40
50
60
70
80
90
100
110
120
130
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
INC
OM
E U
P M
INU
S P
RIC
ES
UP
PL
US
10
0
CHART 14: EXPECTED CHANGE IN REAL INCOME DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 15: PROBABILITY THAT PERSONAL INCOME WILL INCREASEDURING THE YEAR AHEAD
Income Bottom Third Income Middle Third Income Top Third
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 15: PROBABILITY THAT PERSONAL INCOME WILL INCREASEDURING THE YEAR AHEAD
Income Bottom Third Income Middle Third Income Top Third
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 16: PROBABILITY OF REAL INCOME GAINS DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 16: PROBABILITY OF REAL INCOME GAINS DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
10%
12%
14%
16%
18%
20%
22%
24%
26%
28%
30%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 17: PROBABILITY OF LOSING A JOB DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
10%
12%
14%
16%
18%
20%
22%
24%
26%
28%
30%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 17: PROBABILITY OF LOSING A JOB DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
20%
25%
30%
35%
40%
45%
50%
55%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 18: PROBABILITY THAT SOCIAL SECURITY AND PENSIONS WILL PROVIDEADEQUATE RETIREMENT INCOME
Income Bottom Third Income Middle Third Income Top Third
20%
25%
30%
35%
40%
45%
50%
55%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 18: PROBABILITY THAT SOCIAL SECURITY AND PENSIONS WILL PROVIDEADEQUATE RETIREMENT INCOME
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
LIK
EL
IHO
OD
UP
-L
IKE
LIH
OO
D D
OW
N +
10
0
CHART 19: CHANGE IN LIKELIHOOD OF A COMFORTABLE RETIREMENTCOMPARED WITH 5 YEARS AGO
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
LIK
EL
IHO
OD
UP
-L
IKE
LIH
OO
D D
OW
N +
10
0
CHART 19: CHANGE IN LIKELIHOOD OF A COMFORTABLE RETIREMENTCOMPARED WITH 5 YEARS AGO
Income Bottom Third Income Middle Third Income Top Third
20%
30%
40%
50%
60%
70%
80%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 20: PROBABILITY OF AN INCREASE IN STOCK MARKET PRICE IN THENEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
20%
30%
40%
50%
60%
70%
80%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
PR
OB
AB
ILIT
Y
CHART 20: PROBABILITY OF AN INCREASE IN STOCK MARKET PRICE IN THENEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
0
50
100
150
200
250
300
350
400
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
DIA
N
CHART 21: CURRENT VALUE OF STOCK MARKET INVESTMENTS(NOMINAL THOUSANDS)
Income Bottom Third Income Middle Third Income Top Third
0
50
100
150
200
250
300
350
400
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
DIA
N
CHART 21: CURRENT VALUE OF STOCK MARKET INVESTMENTS(NOMINAL THOUSANDS)
Income Bottom Third Income Middle Third Income Top Third
50
100
150
200
250
300
350
400
450
500
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
DIA
N
CHART 22: CURRENT MARKET VALUE OF PRIMARY RESIDENCE(NOMINAL THOUSANDS)
Income Bottom Third Income Middle Third Income Top Third
50
100
150
200
250
300
350
400
450
500
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
DIA
N
CHART 22: CURRENT MARKET VALUE OF PRIMARY RESIDENCE(NOMINAL THOUSANDS)
Income Bottom Third Income Middle Third Income Top Third
-50
0
50
100
150
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
FA
VO
RA
BL
E M
INU
S U
NF
AB
OR
AB
LE
PL
US
10
0
CHART 23: NEWS HEARD OF RECENT CHANGES IN BUSINESS CONDITIONS
Income Bottom Third Income Middle Third Income Top Third
-50
0
50
100
150
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
FA
VO
RA
BLE
MIN
US
UN
FA
BO
RA
BLE
PL
US
10
0
CHART 23: NEWS HEARD OF RECENT CHANGES IN BUSINESS CONDITIONS
Income Bottom Third Income Middle Third Income Top Third
-60
-50
-40
-30
-20
-10
0
10
20
30
40
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
SCHART 24A: NEWS HEARD ABOUT PRICE CHANGES
Income Bottom Third Income Middle Third Income Top Third
-60
-50
-40
-30
-20
-10
0
10
20
30
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 24A: NEWS HEARD ABOUT PRICE CHANGES
Income Bottom Third Income Middle Third Income Top Third
-100
-80
-60
-40
-20
0
20
40
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 24B: NEWS HEARD ABOUT CHANGE IN EMPLOYMENT CONDITIONS(%LOWER UNEMPLOYMENT - %HIGHER UNEMPLOYMENT)
Income Bottom Third Income Middle Third Income Top Third
-100
-80
-60
-40
-20
0
20
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 24B: NEWS HEARD ABOUT CHANGE IN EMPLOYMENT CONDITIONS(%LOWER UNEMPLOYMENT - %HIGHER UNEMPLOYMENT)
Income Bottom Third Income Middle Third Income Top Third
-45
-35
-25
-15
-5
5
15
25
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%F
AV
OR
AB
LE
MIN
US
%U
NF
AB
OR
AB
LE
RE
FE
RE
NC
ES
CHART 24C: NEWS HEARD ABOUT GOVERNMENT ECONOMIC POLICIES(%FAVORABLE MENTIONS - %UNFAVORABLE MENTIONS)
Income Bottom Third Income Middle Third Income Top Third
-45
-35
-25
-15
-5
5
15
25
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021%F
AV
OR
AB
LE
MIN
US
%U
NF
AB
OR
AB
LE
RE
FE
RE
NC
ES
CHART 24C: NEWS HEARD ABOUT GOVERNMENT ECONOMIC POLICIES(%FAVORABLE MENTIONS - %UNFAVORABLE MENTIONS)
Income Bottom Third Income Middle Third Income Top Third
0
20
40
60
80
100
120
140
160
180
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 25: CURRENT BUSINESS CONDITIONS COMPARED WITH A YEAR AGO
Income Bottom Third Income Middle Third Income Top Third
0
20
40
60
80
100
120
140
160
180
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 25: CURRENT BUSINESS CONDITIONS COMPARED WITH A YEAR AGO
Income Bottom Third Income Middle Third Income Top Third
60
70
80
90
100
110
120
130
140
150
160
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 26: EXPECTED CHANGE IN BUSINESS CONDITIONS IN A YEAR
Income Bottom Third Income Middle Third Income Top Third
60
70
80
90
100
110
120
130
140
150
160
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
BE
TT
ER
MIN
US
WO
RS
E P
LU
S 1
00
CHART 26: EXPECTED CHANGE IN BUSINESS CONDITIONS IN A YEAR
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
180
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
OP
TIM
IST
IC M
INU
S P
ES
SIM
IST
IC P
LU
S 1
00
CHART 27: TREND IN PAST AND EXPECTED BUSINESS CONDITIONS
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
180
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
OP
TIM
IST
IC M
INU
S P
ES
SIM
IST
IC P
LU
S 1
00
CHART 27: TREND IN PAST AND EXPECTED BUSINESS CONDITIONS
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
180
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 28: BUSINESS CONDITIONS EXPECTED DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
180
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 28: BUSINESS CONDITIONS EXPECTED DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
30
50
70
90
110
130
150
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 29: BUSINESS CONDITIONS EXPECTED DURING THE NEXT FIVE YEARS
Income Bottom Third Income Middle Third Income Top Third
30
50
70
90
110
130
150
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 29: BUSINESS CONDITIONS EXPECTED DURING THE NEXT FIVE YEARS
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
LE
SS
MIN
US
MO
RE
PL
US
10
0
CHART 30: EXPECTED CHANGE IN UNEMPLOYMENT DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
LE
SS
MIN
US
MO
RE
PL
US
10
0
CHART 30: EXPECTED CHANGE IN UNEMPLOYMENT DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
10
30
50
70
90
110
130
150
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
DO
WN
MIN
US
UP
PL
US
10
0
CHART 31: EXPECTED CHANGE IN INTEREST RATES DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
10
30
50
70
90
110
130
150
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
DO
WN
MIN
US
UP
PL
US
10
0
CHART 31: EXPECTED CHANGE IN INTEREST RATES DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
0%
1%
2%
3%
4%
5%
6%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
DIA
N P
RIC
E I
NC
RE
AS
ECHART 32: EXPECTED CHANGE IN PRICES DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
0%
2%
4%
6%
8%
10%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
DIA
N P
RIC
E IN
CR
EA
SE
CHART 32: EXPECTED CHANGE IN PRICES DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
0%
1%
2%
3%
4%
5%
6%
7%
8%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
DIA
N P
RIC
E I
NC
RE
AS
ECHART 33: EXPECTED CHANGE IN PRICES DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
DIA
N P
RIC
E IN
CR
EA
SE
CHART 33: EXPECTED CHANGE IN PRICES DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 34: OPINIONS ABOUT THE GOVERNMENT'S ECONOMIC POLICY
Income Bottom Third Income Middle Third Income Top Third
40
60
80
100
120
140
160
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 34: OPINIONS ABOUT THE GOVERNMENT'S ECONOMIC POLICY
Income Bottom Third Income Middle Third Income Top Third
70
90
110
130
150
170
190
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 35: BUYING CONDITIONS FOR LARGE HOUSEHOLDDURABLES
Income Bottom Third Income Middle Third Income Top Third
70
90
110
130
150
170
190
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 35: BUYING CONDITIONS FOR LARGE HOUSEHOLDDURABLES
Income Bottom Third Income Middle Third Income Top Third
-10
0
10
20
30
40
50
60
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
SCHART 36A: PRICE REASONS FOR LARGE HOUSEHOLD DURABLES
(%LOW PRICES - %HIGH PRICES)
Income Bottom Third Income Middle Third Income Top Third
-30
-20
-10
0
10
20
30
40
50
60
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 36A: PRICE REASONS FOR LARGE HOUSEHOLD DURABLES(%LOW PRICES - %HIGH PRICES)
Income Bottom Third Income Middle Third Income Top Third
0
5
10
15
20
25
30
35
40
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 36B1: BUYING IN ADVANCE OF PRICES FOR LARGE HOUSEHOLDDURABLES
Income Bottom Third Income Middle Third Income Top Third
0
10
20
30
40
50
60
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 36B1: BUYING IN ADVANCE OF PRICES FOR LARGE HOUSEHOLDDURABLES
Income Bottom Third Income Middle Third Income Top Third
0
2
4
6
8
10
12
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 36B2: BUYING IN ADVANCE OF RATES FOR LARGE HOUSEHOLD DURABLES
Income Bottom Third Income Middle Third Income Top Third
0
2
4
6
8
10
12
14
16
18
20
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 36B2: BUYING IN ADVANCE OF RATES FOR LARGE HOUSEHOLD DURABLES
Income Bottom Third Income Middle Third Income Top Third
-20
-10
0
10
20
30
40
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
SCHART 36C: INTEREST RATE REASONS FOR LARGE HOUSEHOLD DURABLES
(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-40
-30
-20
-10
0
10
20
30
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 36C: INTEREST RATE REASONS FOR LARGE HOUSEHOLD DURABLES(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-60
-50
-40
-30
-20
-10
0
10
20
30
40
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
SCHART 36D: ECONOMIC CERTAINTY REASONS FOR LARGE HOUSEHOLD
DURABLES
Income Bottom Third Income Middle Third Income Top Third
-60
-50
-40
-30
-20
-10
0
10
20
30
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
S
CHART 36D: ECONOMIC CERTAINTY REASONS FOR LARGE HOUSEHOLDDURABLES
Income Bottom Third Income Middle Third Income Top Third
60
80
100
120
140
160
180
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 37: BUYING CONDITIONS FOR VEHICLES
Income Bottom Third Income Middle Third Income Top Third
60
80
100
120
140
160
180
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 37: BUYING CONDITIONS FOR VEHICLES
Income Bottom Third Income Middle Third Income Top Third
-30
-10
10
30
50
70
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
SCHART 38A: PRICE REASONS FOR BUYING CONDITIONS FOR VEHICLES
(%LOW PRICES - %HIGH PRICES)
Income Bottom Third Income Middle Third Income Top Third
-30
-10
10
30
50
70
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 38A: PRICE REASONS FOR BUYING CONDITIONS FOR VEHICLES(%LOW PRICES - %HIGH PRICES)
Income Bottom Third Income Middle Third Income Top Third
0
5
10
15
20
25
30
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 38B1: BUYING IN ADVANCE OF PRICES FOR BUYING CONDITIONS FORVEHICLES
Income Bottom Third Income Middle Third Income Top Third
0
5
10
15
20
25
30
35
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 38B1: BUYING IN ADVANCE OF PRICES FOR BUYING CONDITIONS FORVEHICLES
Income Bottom Third Income Middle Third Income Top Third
0
1
2
3
4
5
6
7
8
9
10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 38B2: BUYING IN ADVANCE OF RATES FOR BUYING CONDITIONS FORVEHICLES
Income Bottom Third Income Middle Third Income Top Third
0
2
4
6
8
10
12
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 38B2: BUYING IN ADVANCE OF RATES FOR BUYING CONDITIONS FORVEHICLES
Income Bottom Third Income Middle Third Income Top Third
-35
-15
5
25
45
65
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
SCHART 38C: INTEREST RATE REASONS FOR BUYING CONDITIONS FOR VEHICLES
(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-35
-15
5
25
45
65
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 38C: INTEREST RATE REASONS FOR BUYING CONDITIONS FOR VEHICLES(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-40
-30
-20
-10
0
10
20
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
SCHART 38D: ECONOMIC CERTAINTY REASONS FOR CONDITIONS FOR VEHICLES
Income Bottom Third Income Middle Third Income Top Third
-40
-30
-20
-10
0
10
20
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
S
CHART 38D: ECONOMIC CERTAINTY REASONS FOR CONDITIONS FOR VEHICLES
Income Bottom Third Income Middle Third Income Top Third
0
10
20
30
40
50
60
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
CH
AN
GE
CHART 39: EXPECTED CHANGE IN GASOLINE PRICES DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
0
10
20
30
40
50
60
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
CH
AN
GE
CHART 39: EXPECTED CHANGE IN GASOLINE PRICES DURING THE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
0
20
40
60
80
100
120
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
CH
AN
GE
CHART 40: EXPECTED CHANGE IN GASOLINE PRICES DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
0
20
40
60
80
100
120
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
CH
AN
GE
CHART 40: EXPECTED CHANGE IN GASOLINE PRICES DURING THE NEXT 5 YEARS
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
180
200
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 41: BUYING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
20
40
60
80
100
120
140
160
180
200
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 41: BUYING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
-70
-50
-30
-10
10
30
50
70
90
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
SCHART 42A: PRICE REASONS FOR BUYING CONDITIONS FOR HOUSES
(%LOW PRICES - %HIGH PRICES)
Income Bottom Third Income Middle Third Income Top Third
-70
-50
-30
-10
10
30
50
70
90
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 42A: PRICE REASONS FOR BUYING CONDITIONS FOR HOUSES(%LOW PRICES - %HIGH PRICES)
Income Bottom Third Income Middle Third Income Top Third
0
5
10
15
20
25
30
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 42B1: BUYING IN ADVANCE OF PRICES FOR BUYING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
0
5
10
15
20
25
30
35
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 42B1: BUYING IN ADVANCE OF PRICES FOR BUYING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
0
5
10
15
20
25
30
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 42B2: BUYING IN ADVANCE OF RATES FOR BUYING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
0
5
10
15
20
25
30
35
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 42B2: BUYING IN ADVANCE OF RATES FOR BUYING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
-90
-70
-50
-30
-10
10
30
50
70
90
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 42C: INTEREST RATE REASONS FOR BUYING CONDITIONS FOR HOUSES(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-90
-70
-50
-30
-10
10
30
50
70
90
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 42C: INTEREST RATE REASONS FOR BUYING CONDITIONS FOR HOUSES(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-50
-40
-30
-20
-10
0
10
20
30
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
SCHART 42D: ECONOMIC CERTAINTY REASONS FOR BUYING CONDITIONS FOR
HOUSES
Income Bottom Third Income Middle Third Income Top Third
-50
-40
-30
-20
-10
0
10
20
30
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
S
CHART 42D: ECONOMIC CERTAINTY REASONS FOR BUYING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
-10
-5
0
5
10
15
20
25
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%A
PP
RE
CIA
TIO
N -
% D
EP
RE
CIA
TIO
N R
EF
ER
EN
CE
SCHART 42E: CAPITAL GAIN REASONS FOR BUYING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
-10
-5
0
5
10
15
20
25
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%A
PP
RE
CIA
TIO
N -
% D
EP
RE
CIA
TIO
N R
EF
ER
EN
CE
S
CHART 42E: CAPITAL GAIN REASONS FOR BUYING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
0
20
40
60
80
100
120
140
160
180
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 43: SELLING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
0
20
40
60
80
100
120
140
160
180
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
GO
OD
MIN
US
BA
D P
LU
S 1
00
CHART 43: SELLING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
-90
-70
-50
-30
-10
10
30
50
70
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%H
IGH
-%
LO
W R
EF
ER
EN
CE
SCHART 44A: PRICE REASONS FOR SELLING CONDITIONS FOR HOUSES
(%HIGH PRICES - %LOW PRICES)
Income Bottom Third Income Middle Third Income Top Third
-90
-70
-50
-30
-10
10
30
50
70
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%H
IGH
-%
LO
W R
EF
ER
EN
CE
S
CHART 44A: PRICE REASONS FOR SELLING CONDITIONS FOR HOUSES(%HIGH PRICES - %LOW PRICES)
Income Bottom Third Income Middle Third Income Top Third
0
2
4
6
8
10
12
14
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 44B1: SELLING IN ADVANCE OF PRICES FOR SELLING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
0
2
4
6
8
10
12
14
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 44B1: SELLING IN ADVANCE OF PRICES FOR SELLING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
0
2
4
6
8
10
12
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 44B2: SELLING IN ADVANCE RATES FOR SELLING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
0
2
4
6
8
10
12
14
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PE
RC
EN
T G
IVIN
G T
HIS
RE
AS
ON
CHART 44B2: SELLING IN ADVANCE RATES FOR SELLING CONDITIONS FORHOUSES
Income Bottom Third Income Middle Third Income Top Third
-20
-10
0
10
20
30
40
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
SCHART 44C: INTEREST RATE REASONS FOR SELLING CONDITIONS FOR HOUSES
(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-20
-10
0
10
20
30
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%L
OW
-%
HIG
H R
EF
ER
EN
CE
S
CHART 44C: INTEREST RATE REASONS FOR SELLING CONDITIONS FOR HOUSES(%LOW INTEREST RATES - %HIGH INTEREST RATES)
Income Bottom Third Income Middle Third Income Top Third
-60
-50
-40
-30
-20
-10
0
10
20
30
40
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
SCHART 44D: ECONOMIC CERTAINTY REASONS FOR SELLING
CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
-60
-50
-40
-30
-20
-10
0
10
20
30
40
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%M
OR
E -
%L
ES
S R
EF
ER
EN
CE
S
CHART 44D: ECONOMIC CERTAINTY REASONS FOR SELLINGCONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
-50
-40
-30
-20
-10
0
10
20
30
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
%A
PP
RE
CIA
TIO
N -
% D
EP
RE
CIA
TIO
N R
EF
ER
EN
CE
SCHART 44E: CAPITAL GAIN REASONS FOR SELLING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
-50
-40
-30
-20
-10
0
10
20
30
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
%A
PP
RE
CIA
TIO
N -
% D
EP
RE
CIA
TIO
N R
EF
ER
EN
CE
S
CHART 44E: CAPITAL GAIN REASONS FOR SELLING CONDITIONS FOR HOUSES
Income Bottom Third Income Middle Third Income Top Third
30
50
70
90
110
130
150
170
190
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
PR
ICE
IN
CR
EA
SE
S -
PR
ICE
DE
CR
EA
SE
S +
10
0
CHART 45: CHANGE IN HOME VALUES DURING THE PAST YEAR
Income Bottom Third Income Middle Third Income Top Third
30
50
70
90
110
130
150
170
190
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
PR
ICE
IN
CR
EA
SE
S -
PR
ICE
DE
CR
EA
SE
S +
10
0
CHART 45: CHANGE IN HOME VALUES DURING THE PAST YEAR
Income Bottom Third Income Middle Third Income Top Third
-3%
-2%
-1%
0%
1%
2%
3%
4%
5%
6%
7%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
IN
CR
EA
SE
CHART 46: EXPECTED MEAN CHANGE IN HOME VALUES DURINGTHE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
-3%
-2%
-1%
0%
1%
2%
3%
4%
5%
6%
7%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
IN
CR
EA
SE
CHART 46: EXPECTED MEAN CHANGE IN HOME VALUES DURINGTHE NEXT YEAR
Income Bottom Third Income Middle Third Income Top Third
0%
1%
2%
3%
4%
5%
6%
7%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
ME
AN
IN
CR
EA
SE
CHART 47: EXPECTED MEAN CHANGE IN HOME VALUES DURINGTHE NEXT FIVE YEARS
Income Bottom Third Income Middle Third Income Top Third
0%
1%
2%
3%
4%
5%
6%
7%
1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
ME
AN
IN
CR
EA
SE
CHART 47: EXPECTED MEAN CHANGE IN HOME VALUES DURINGTHE NEXT FIVE YEARS
Income Bottom Third Income Middle Third Income Top Third