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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 »Fannie Mae Survey: Housing Sentiment Remains Low
Home / Tag Archives: Home Purchase Sentiment Index (HPSI)
Consumers Report Continued Housing Market Pessimism
A new Fannie Mae report finds consumer confidence declining to the lowest level seen in the report’s 11-year history.
Read More »Fannie Mae: Consumers Reporting Housing Market Volatility Concerns
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 0.8 points in August to 62.0, the sixth consecutive monthly decline of the index, according to their latest report. Surveyed consumers continue to express pessimism about homebuying conditions, especially in the home-selling segment ...
Read More »Housing Inventory Experiences Growth
The number of unsold homes in July increased for the first time since 2019, climbing by a record 30.7% year-over-year, according to Realtor.com.
Read More »Fannie Mae: Potential Homeowners Becoming Increasingly Concerned With Market
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.0 points in June to 62.8, its second-lowest reading in a decade, according to their latest report. Surveyed consumers continue to express pessimism about homebuying conditions, with only 17% (down from 20%) ...
Read More »Affordability Concerns Lower Consumer Confidence
The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and inflation pushed buyers to question affordability. All six of the index’s components ...
Read More »Consumers Growing Pessimistic on Home Purchases
Four of the six components of Fannie Mae’s latest Home Purchase Sentiment Index fell due to growing concern about the direction of mortgage rates.
Read More »Consumers Indicate Now Is The Time To Sell
Fannie Mae’s latest iteration of the monthly Home Purchase Sentiment Index (HPSI) fell by a slight 0.5 points to 74.2 in December as consumers wildly differed on whether it is a good time to buy or sell a home and their outlook on the economy. When combined, these metrics ...
Read More »Consumers Feel the Economy Is on the Wrong Track
Fannie Mae reports that U.S. consumers’ attitude toward the economy is on the cynical side, with contrasting feelings on home buying and home-selling conditions.
Read More »Consumers Anticipate Rise in Mortgage Rates
New Fannie Mae survey finds that U.S. homeowners growing increasingly concerned about the direction of the economy.
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