Get access to our best features

Americans’ confidence in housing market reaches record low

Summary by Ground News
Only 16 percent of buyers in October said they thought that now is a good time to buy a home, Fannie Mae’s monthly Home Purchase Sentiment Index revealed. This marks a new low since the index started in 2011. Average long-term U.S. mortgage rates jumped again this week, Thursday, Sept. 8, 2022, to their highest level in almost 14 years.
2mo Washington, United States

News Articles

More Filters
All
Left
Center
Right

Consumer Confidence in US Housing Market Plunges to Record Low, Says Fannie Mae

Consumer confidence in the American housing market plunged to record low last month, according to a new survey. Growing mortgage rates, higher home prices, and economic instability have led to increased pessimism in the housing market nationwide. Only 16 percent of consumers surveyed said that they would consider buying a home in October, according to Fannie Mae’s monthly Home Purchase Sentiment Index® (HPSI). The index fell 4.1 points in Octobe…

2 months ago·New York, United States
Read Full Article

Consumer confidence in US housing market hits new all-time low

Only 16% of Americans think now is a good time to buy home – a new survey low, according to Fannie Mae survey - Anadolu Agency

2 months ago·Turkey
Read Full Article

Confidence in US housing market hits lowest on record: Fannie Mae

Consumer confidence in the US housing market has plunged to its lowest level on record as steep mortgage rates crush demand, according to findings released by Fannie Mae on Monday.

2 months ago·New York, United States
Read Full Article

Americans’ confidence in housing market reaches record low

Consumer confidence in the housing market hit a new low last month as persistently high home prices and rising mortgage rates continued to cool the once hot housing market, according to data released Monday.   Only sixteen percent of buyers in October said they thought that now is a good time to buy a home, Fannie…

2 months ago·Washington, United States
Read Full Article

Consumer confidence in the housing market hits a new low, according to Fannie Mae

Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market.

2 months ago·United States
Read Full Article

Confidence in the housing market hits a new low for consumers

Consumer confidence in the housing market is on the decline for those looking to buy and sell, a new report from Fannie Mae says.

2 months ago·Washington, United States
Read Full Article
Insights
This report's coverage is mostly Center.
Share it to spread the word.
prnewswire.comprnewswire.com, Center bias, broke the news in United States 2 months ago on Monday, November 7, 2022.
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

63% of the sources are Center
CNBC
The Hill
UPI
prnewswire.com
wilx.com
New York Post
Anadolu Ajansı
The Epoch Times
C 62%
R 38%
See less detail