Every year, Gallup surveys CT residents to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.

For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% of CT residents chose real estate, followed by stocks at 26%. The full results are shown in the chart below.

The study makes it a point to draw attention to the contrast of the sentiment over the last four years compared to that of 2011-2012, when gold took the top slot with 34% of the votes. CT real estate and stocks took second and third place, respectively, while still in recovery from the Great Recession.

Bottom Line

As the CT real estate market has recovered, so has the belief of the residents in the stability of housing as a long-term investment. Contact a Real Estate professional from Dave Jones Realty who can assist with any of your Real Estate needs!