Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances. Continue reading
Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading
Fannie Mae’s Home Price Sentiment Index increased by 5.2 points from February to 81.7 in March. Year over year, the index is up 0.9 points. Continue reading
The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases. Continue reading