The housing market's decline has led some consumers to shift their savings priorities elsewhere.

According to a National Endowment for Financial Education survey of more than 2,200 Americans age 18 and older, 47% of them said having enough money for retirement is their top financial priority now, compared with 17% who chose home ownership.

While 57% of those surveyed said they are achieving their financial goals towards purchasing a home, the majority (70%) said one of the biggest obstacles has been their inability to save. Fifty-four percent said managing their debt is another barrier.

“Homeownership has been a traditional indication of achieving the American Dream,” said Ted Beck, president/CEO of the NEFE. “But whether it's due to the decline in the housing market or because of challenges experienced during the economic downturn, people grasp the importance of planning for the future and seem to be having a shift in their approach – from physical to more financial security-based values.” 

Conducted by Harris Interactive, the NEFE survey was commissioned with TheStreet.com. The survey took place June 28-30.