Consumer Sentiment Toward Now Being A Good Time To Buy Hits Record Low

Every month Fannie Mae surveys consumers to gauge their sentiment toward whether its a good time to buy or sell a home and publishes the result in their Home Purchase Sentiment Index® (HPSI).  In the most recent HPSI report, 79% of the people surveyed said they felt now was a bad time to buy a home, which is the highest percentage of people feeling this way since the survey was begun in 2012.  Seventeen percent of those surveyed felt it was a good time to buy a home and 4% didn’t know whether it was or not.

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Fannie Mae Home Purchase Sentiment Index Chart

(click on chart for live, interactive chart)

nie Mae Home Purchase Sentiment Index Chart

 

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