Renter optimism raises housing market confidence

Consumer confidence, measured by the Consumer Confidence Index (CCI), is defined as the degree of optimism about the state of the economy that consumers (like you and me) are expressing through.

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October 09, 2017. Overall Housing Confidence Up on Rising Renter Optimism Matthew Classick 202-752-3662. WASHINGTON, DC – The Fannie Mae Home purchase sentiment index (hpsi) increased 0.3 points in September to 88.3, matching the all-time high set in June. The rise can be attributed to increases in three of the six HPSI components.

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The case for optimism in 2011 on the U.S. housing market gained momentum with the latest National Association of Realtors monthly sales report, showing that home sales rose for the fifth time in six months. With pent-up demand, near record low mortgage rates and lower home prices the housing market.

Housing Market Optimism.. reported a rise in buying optimism, according to Fannie Mae. "Renter respondents, in particular, buoyed the net good time to buy component, showing a substantial upward change in optimism in September," the GSE reported.. It means that more confidence in the.

Housing is a complex creature – the market can be on fire, but optimism can wane nonetheless. The National Association of Realtors (NAR) is reporting that despite solid job creation, the.

With less supply of homes, prices have reached new records, even beating those of the housing bubble. Few homes are on the market. the incremental increase in monthly rent..

The housing market continues its strong push through 2017. Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased by 0.3 points to 88.3 in September, matching the all-time high set in June.. / Housing Confidence Up On Rising Renter Optimism at End of Q3 2017.. The increase basically.

Investor confidence in the country’s housing market is at sixes and sevens. Auckland,” says Tennent-Brown. Despite the increase in owner-occupier home confidence outside of Auckland, confidence in.

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