Скачать или смотреть Home purchase sentiment hits lowest level in over a decade - Just 17% Say Good Time To Buy

Please introduce us to the brave 17% of consumers who think now is a good time to buy a home. Fannie Mae’s Home Purchase Sentiment Index fell two points in July to 62.8, its lowest reading since 2011. Year over year the index is down 13 points.

Overall, just 17% of respondents said it was a good time to buy a home in July, down from 20% a month prior, but 76% said it was a bad time to buy, up from 75% in June.

“The HPSI has declined steadily for much of the year, as higher mortgage rates continue to take a toll on housing affordability,” Doug Duncan, Fannie Mae’s senior vice president and chief economist, said in a statement.

On the seller side, 67% said it was a good time to sell, down from a peak of 76% in May.


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