Fannie Mae Survey Reports Near-Record High in Purchase Sentiment

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Inventory and affordability squeeze aside, consumer sentiment about the housing market rose in April going into the home buying season, according to the latest Fannie Mae Home Purchase Sentiment..

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Fannie Mae’s home purchase sentiment index (HPSI) increased 3.3 points to 86.5 in July, reaching a new all-time survey high and indicating a more positive outlook in the housing market-specific HPSI components. Each of the six HPSI components increased in July. Read on to learn more.

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The latest Fannie Mae Home Purchase Sentiment Index, revealed a decrease in December, falling 2.7 points to 83.5, resuming its recent downward trend after November’s slight uptick.

Fannie Mae reported Friday that its Home Purchase Sentiment Index (HPSI) increased 3.7 points to 92 in May, just missing the survey high set in May 2018. Absolutely No Fees Due until your complex Achieves 100% VA or FHA Condos Approval

Notably, Fannie Mae’s latest data showed the net share of consumers surveyed in March who said it is a good time to sell a home jumped 13 points to 43%.

As the housing market continues to shift in favor of homebuyers, data indicates that many Americans believe now is a good time to buy, according to Fannie Mae’s latest Home Purchase Sentiment Index.. According to the GSE’s report, sentiment spiked 5.5 points in March to 89.8. Not only does this reverse last month’s slight decline, but it also marks the highest climb since June 2018.

Meanwhile, Fannie Mae’s September 2015 Home Purchase Sentiment Index (HPSI) increased three points to 83.8 in September following a two-month drop. Four of the six component questions posted net positive gains, most notably with Good Time to Sell increasing 13 points compared to August.

May 07, 2018. housing confidence hits New All-Time High Matthew Classick 202-752-3662. WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index (HPSI) rose 3.4 points in April to 91.7, marking a new all-time survey high. The increase can be attributed to increases in five of the six HPSI components.

As the housing market continues to shift in favor of homebuyers, data indicates that many Americans believe now is a good time to buy, according to Fannie Mae’s latest Home Purchase Sentiment Index.

Fannie Mae reported Friday that its Home Purchase Sentiment Index (HPSI) increased 3.7 points to 92 in May, just missing the survey high set in May 2018.