General World News

Fannie Mae: Sellers still thriving as home prices stay high

Sellers, rejoice. Roughly 77% of respondents to Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, said now is a good time to sell. That’s up from 67% the prior month.

To boot, a reported 64% of survey respondents said it’s a bad time to buy a home, up from 56% last month.

Overall, the HSPI decreased by 0.3 points to 79.7 in June 2021. Year over year, the overall index is up 3.2%.

The percentage of respondents who say home prices will go up in details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com