“Over the past year, the HPSI has plateaued at a low level, evidence of persistent consumer pessimism regarding the state of the housing market,” said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »Consumers Report: Good Time to Sell, Bad Time to Buy
According to a newly released survey by Fannie Mae, affordability constraints have consumers increasingly convinced that it is a seller’s market, while high prices leave buyers with a bleak outlook.
Read More »Housing Confidence Increases with Upward Trend in HPSI
“This month’s increase in the HPSI was the largest in over two years, primarily driven by consumers’ more optimistic mortgage rate expectations,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.
Read More »Consumer Confidence in Housing Near Historic Lows
Fannie Mae’s Home Purchase Sentiment Index posted numbers in March that were just above lows hit late last year.
Read More »Fannie Mae Survey: Housing Sentiment Remains Low
Doug Duncan, Fannie Mae’s SVP and Chief Economist, noted that “respondents continue to cite high home prices and unfavorable mortgage rates as the primary reasons for their pessimism.”
Read More »Consumer Poll Predicts Housing Market Activity Slowdown
Responses to a recent Fannie Mae survey show high mortgage rates are contributing to near-all-time low optimism among potential buyers and sellers.
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