Consumers Continue To Be Optimistic

Consumers Continue To Be Optimistic

Fannie Mae Introduces Home Purchase Sentiment Index | Simplifying The Market

Fannie Mae Introduces Home Purchase Sentiment Index


Earlier this month, Fannie Mae’s Economic & Strategic Research Group announced the launch of theirHome Purchase Sentiment Index (HPSI). The index will distill results from Fannie Mae’s consumer-focused National Housing Survey into a single, monthly, predictive indicator. According to Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, the goal for the new index is simple:

“The Fannie Mae Home Purchase Sentiment Index provides the market a single number to track consumer attitudes focused on the housing market. Utilizing our National Housing Survey, the only consumer sentiment survey of its kind focused on housing, the HPSI will offer insights regarding current and future-looking housing market outcomes and will complement existing data sources to inform housing-related analysis.”

Here is a graph of the findings of the HPSI from May 2011 until the current index. A higher number reflects a more positive sentiment from the consumer.

Fannie Mae's Home Purchase Sentiment Index | Simplifying The Market

According to consumer sentiment, the housing market has made great strides over the last four years.


Tracy Seabrooks Headshot
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Phone: 614-572-3586
Dated: September 18th 2015
Views: 248
About Tracy: Tracy Seabrooks has been investing in Real Estate for over 20 years. Her extensive knowledge and exp...

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