News Category: Real Estate News

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Confidence in Housing at New Peak

Confidence in housing is at a new peak, with enthusiasm among sellers soaring, according to the April Fannie Mae Home Purchase Sentiment Index® (HPSI). At 91.7, the Index plowed through its previous record, climbing 3.4 percentage points month-over-month and five points year-over-year.

“The latest HPSI reading edged up to a...

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Economy at Milestone Unemployment

April brought the economy 164,000 jobs, and 3.9 percent unemployment—below 4 percent, and the lowest rate in roughly 20 years.

Though the additional jobs were less than predicted, the figure is promising, analysts say.

“The U.S. labor market continues to tighten, although job growth in April was 164,000—a little below expectations,”...

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