Consumer Survey: Good Time to Buy, Prices Will Increase

Home / Blog / Consumer Survey: Good Time to Buy, Prices Will Increase

Posted To: MND NewsWire

Americans became decidedly more bullish about buying a home in May. Fannie Mae said its Home Purchase Sentiment Index (HPSI) nearly matched its survey high set in May 0f 2018, largely due to a 13- point increase in net positive responses to whether it is a good time to buy. The HPSI jumped 3.7 percent to 92.0, just shy of the 92.3 peak set exactly one year earlier. In addition to the increase in the net for the Good Time to Buy component, consumers who responded to the May National Housing Survey also showed increased confidence that home prices would increase while mortgage rates would move lower. The percentage of respondents who thought it is a good time to buy rose 6 points from April to 60 percent resulting in a net (positive responses minus negative ones) of 27 percent, 1 point lower...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

fc07ab0b 6990 4718 84b0 2254cd61b043 ea7e56ef 474f 407d a274 a7d484d88285 ab9d79af fcd6 415d 8610 f52d7b42d9c0 c47b6910 516f 4a09 8ddb 9fdc557ba0b0 9021c7a7 1613 462c 8595 ed8400b7d64c 1b8df830 dbe0 450b 9e12 36b2fd082412 77da615e e968 462f 98ae fc673f2a6a1d 2e64225f d82b 4742 b2ff e6c290ed2aef 945fe09a 9767 444c 9181 471d35162f8f 2f05465d c046 42c9 aeaf 7b007d3ff8e5 2023219a a077 4f52 bb04 ed26c7acf85f 7cca0a33 57db 42fb bb30 19a9b26a5692 786774cf 3009 47a4 9403 4df92f642bf1 87d7fd16 5879 4827 bb5c 1117f7abde6f 3f791039 aac8 42bd 864a c4bd454b7e32 00cba9a5 1861 428e 9d27 b0c00c0c6f74 3049f5f7 3260 4feb 809a f34fe93ef49e 31bba45d 9bd9 42c7 bb1a d3a629754fa4 4a0a6722 7406 4021 9c5e 55295edbc074 80ef2458 e5d6 4aeb 9fc7 1255b8858d98 1636c67e fa6e 4bea 8aa4 cf761952a75a be0d1391 6aee 44de ab91 d3ac3e86dc32 f7de8746 0dfc 4391 913d 2555e500a99a