About Half of Consumers Surveyed Think Home Prices and Interest Rates are Going Up

Every month Fannie Mae surveys consumers about owning and renting a home as well as about other issues related to the housing market and economy and from the results publish their Home Purchase Sentiment Index® (HPSI).  One of the components of the index is what the sentiment is on whether now is a good time to buy a home or sell a home.  In the April 2021 HPSI 49% of consumers felt home prices would go up in the next 12-months and 54% felt interest rates would increase in the next 12-months.

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Respondents Who Say Home Prices Will Go Up

Respondents Who Say Home Prices Will Go Up

Source: Fannie Mae HPSI – April 2021

Respondents Who Say Mortgage Rates Will Go UpRespondents Who Say Mortgage Rates Will Go Up

Source: Fannie Mae HPSI – April 2021

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