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
Source: Fannie Mae HPSI – April 2021
Respondents Who Say Mortgage Rates Will Go Up
Source: Fannie Mae HPSI – April 2021
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