Confidence in Housing Slightly Wilts

Thumbnail for 1449092

Confidence in Housing Slightly Wilts

The confidence consumers have in housing is slightly wilting, as homebuyers are immobilized by sparse supply, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI) for June. At 90.7, the Index flattened 1.6 percentage points month-over-month, but remains up by 2.4 percentage points year-over-year.

Twenty-eight percent of homebuyers are optimistic …read more