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Confidence in Housing Again at All-Time High

Confidence in Housing Again at All-Time High

Confidence in housing is again at an all-time high in the Fannie Mae Home Purchase Sentiment Index® (HPSI), showing the share of home sellers who believe now is a good time to sell reaching a new record in June—a sure sign of a seller’s market. The HPSI overall posted 88.3, up 2.1 percentage points from May.

“The June HPSI reading matches the previous record set in February and reflects the trend toward a sellers’ market that respondents indicated last month,” says Doug Duncan, senior vice president and chief economist at Fannie Mae. “Consumers are also growing more optimistic about their ability to get a mortgage, and lenders expect credit standards to ease further going forward.”

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Heather Stewart

Coldwell Banker Plaza Real Estate
12221 E Central Ave.
Wichita, KS 67206
Phone: (316) 204-3645
©2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.

 

 

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