Uptick in Home Purchase Sentiment Reflects Increased Confidence

December 7th, 2018

“Fifty-seven percent of respondents told pollsters it was a good time to buy a home while 34 percent disagreed.  This resulted in net positive responses of 23 percent, up two points from October.

The other component of the HPSI that increased, by 1 point, were expectations that mortgage rates would go down.  That component, long in negative territory, rose to a net of -56 percent.” 

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