Index Says Americans Want to Sell, But Not Buy

June 7, 2017 Brianna Gilpin

A Purchase Sentiment Index was released Wednesday by Fannie Mae based on answers to six NHS questions that solicit consumers’ evaluations of housing market conditions and address topics that are related to their home purchase decisions. The index ultimately reports on whether consumers think it is a good or bad time to buy or sell a house, what direction they expect home prices and mortgage interest rates to move, how concerned they are about losing their jobs and whether their incomes are higher than they were a year earlier. Findings show patterns only seen twice in the surveys history.

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