Housing sentiment falls to lowest level since 2011

Econ & Housing

istock.com/dpproductions The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.0 points in July to 62.8, its lowest level since 2011 and well below the all-time high set in 2019. Surveyed consumers continue to express pessimism about homebuying conditions, with only 17% of respondents reporting it’s a good time to buy a home. Meanwhile, the percentage of…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

Growing immigration numbers will affect housing market, realtors say
Stock futures are little changed after S&P 500, Nasdaq notch best day in more than a year
World markets today: US stocks flat as investors await economic data
NAR: Existing-Home Sales Increased 3.1 Percent in January as Inventory Increased
The ‘Top Three’ rundown for week eight