Consumer confidence in the housing market hit a new low last month as persistently high home prices and rising mortgage rates continued to cool the once hot housing market, according to data released Monday.   Only sixteen percent of buyers in October said they thought that now is a good time to buy a home, Fannie…

The Hill

Washington

District of Columbia

United States

Americans’ confidence in housing market reaches record low

Consumer confidence in the US housing market has plunged to its lowest level on record as steep mortgage rates crush demand, according to findings released by Fannie Mae on Monday.

Ad Fontes Media

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New York Post

Murdoch family

New York

Confidence in US housing market hits lowest on record: Fannie Mae

Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market.

CNBC

Roberts family

Consumer confidence in the housing market hits a new low, according to Fannie Mae

Nexstar Media Group

Consumer confidence in the American housing market plunged to record low last month, according to a new survey.
Growing mortgage rates, higher home prices, and economic instability have led to increased pessimism in the housing market nationwide.
Only 16 percent of consumers surveyed said that they would consider buying a home in October, according to Fannie Mae’s monthly Home Purchase Sentiment Index® (HPSI).
The index fell 4.1 points in Octobe…

The Epoch Times

Epoch Media Group

Consumer Confidence in US Housing Market Plunges to Record Low, Says Fannie Mae

Only 16% of Americans think now is a good time to buy home – a new survey low, according to Fannie Mae survey - Anadolu Agency

Anadolu Ajansı

Government of Turkey

Ankara

Turkey

Consumer confidence in US housing market hits new all-time low

Consumer confidence in the housing market is on the decline for those looking to buy and sell, a new report from Fannie Mae says.

News World Communications

Confidence in the housing market hits a new low for consumers

/PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 4.1 points in October to 56.7, its eighth consecutive monthly...

PR Newswire

Cision

Consumer Confidence in Housing Hits New All-Time Low

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Only 16 percent of buyers in October said they thought that now is a good time to buy a home, Fannie Mae’s monthly Home Purchase Sentiment Index revealed. This marks a new low since the index started in 2011. Average long-term U.S. mortgage rates jumped again this week, Thursday, Sept. 8, 2022, to their highest level in almost 14 years.

Americans’ confidence in housing market reaches record low

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