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National Housing Survey Archive

Monthly Home Purchase Sentiment Index / National Housing Survey Archive

The following is an archived list of Fannie Mae's National Housing Survey Monthly Indicators report. The survey assesses consumer sentiment toward owning and renting a home, the current state of their household finances, views on the U.S. housing finance system, and overall confidence in the economy. The survey was designed to gain a better understanding of current attitudes toward housing and to track changes in these attitudes. Click here for results from the most recent survey.

February 2024
Home-Selling Sentiment Moves Higher Ahead of Spring Homebuying Season
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January 2024
Mortgage Rate Optimism Hits Survey High
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December 2023
Consumer Optimism About Mortgage Rates Jumps Significantly
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November 2023
Housing Sentiment Remains Stuck in Low-Level Plateau
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October 2023
Consumers Increasingly Sour on Economy, Blame Inflation
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September 2023
Elevated Mortgage Rates Push Housing Sentiment Even Lower
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August 2023
Unusual Housing Market Dynamics Contributing to Stall in Consumer Sentiment
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July 2023
Consumers Report Improving Job Security, Healthy Household Finances
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June 2023
Consumer Confidence in Housing May Have Plateaued
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May 2023
Perceived Homebuying and Home-Selling Conditions Diverged Further in May
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April 2023
HPSI Increases as Housing Confidence Continues Upward Trend
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March 2023
Consumer Confidence in Housing Market Remains Near Historic Lows
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February 2023
Housing Sentiment Returns to Near-Survey Low Amid Affordability Constraints and Job Security Concerns
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January 2023
Unaffordability Continues to Weigh Heavily on Consumer Perceptions of Housing Market
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December 2022
Easing Mortgage Rates and Home Prices Provide Slight Boost to Homebuyer Sentiment
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November 2022
High Mortgage Rates Remain Primary Impediment to Housing Sentiment
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October 2022
Consumer Confidence in Housing Hits New All-Time Low
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September 2022
Housing Sentiment Dips Again, Inches Closer to All-Time Low
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August 2022
High Home Prices, Mortgage Rates Weighing on Housing Sentiment
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July 2022
Consumer Sentiment Toward Housing at Lowest Level in Decade
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June 2022
Consumers Appear Increasingly Frustrated by Housing Market, Larger Economy
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May 2022
Would-Be Homebuyers Feeling Squeeze of Higher Home Prices and Mortgage Rates
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April 2022
Consumer Sentiment Toward Housing Hits Lowest Level in Two Years
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March 2022
Consumer Pessimism Regarding Direction of Mortgage Rates Hits New Survey High
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February 2022
More Consumers Expect Mortgage Rates and Home Prices to Rise Even Further
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January 2022
Housing Sentiment Drifts Lower as Affordability Constraints Sharpen
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December 2021
Softening HPSI May Portend Slower Housing Market in 2022
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November 2021
Economic Pessimism Hits 10-Year High, but Consumer Sentiment Toward Housing Remains Flat
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October 2021
Consumers’ Attitude Toward Housing Conditions Remains Mixed
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September 2021
High Home Prices Continue to Weigh on Homebuying Sentiment
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August 2021
HPSI Flat, But Consumers Slightly More Optimistic About Homebuying Conditions for First Time Since March
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July 2021
Homebuying and Selling Sentiment Remain Polarized Amid Affordability and Supply Concerns
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June 2021
Consumers Increasingly Adamant That It’s a Good Time to Sell, Bad Time to Buy a Home
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May 2021
Consumer Perception of Homebuying Conditions Worsens as Affordability and Supply Issues Persist
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April 2021
HPSI Dips as Consumers’ Pessimism Toward Homebuying Conditions Sets Survey Record
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March 2021
Housing Sentiment Jumps on Consumers’ Selling and Personal Finance Optimism
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February 2021
Consumer Sentiment on Housing Dips Slightly Despite Growing Labor Market Optimism
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January 2021
Housing Sentiment Edges Upward as Reported Conditions Favor Sellers
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December 2020
Consumer Confidence in Housing Falls Again as COVID-19 Pandemic Surges
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November 2020
Home Purchase Sentiment Dips Slightly, May Have Plateaued For Now
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October 2020
HPSI in Holding Pattern as Election Results Resolve and Pandemic Evolves
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September 2020
Housing Sentiment Continues Rapid Recovery as Mortgage Rates Remain Near Historic Lows
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August 2020
Housing Sentiment Regains Momentum After July Stumble
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July 2020
Consumer Confidence in Housing Dips as Homebuying Sentiment Falls Sharply in July
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June 2020
Housing Confidence Gaining Steam After Nearing Survey Low
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May 2020
Home Purchase Sentiment Index Rises Slightly, Remains Near Survey Low
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April 2020
COVID-19 Pushes Consumer Confidence in Housing to Lowest Level Since November 2011
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March 2020
More Americans Express Concern About Losing Their Job, Latest HPSI Results Show
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February 2020
Consumer Confidence in Housing Remains Near All-Time High Despite Slight Dip
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January 2020
Housing Sentiment Nears Survey High as More Consumers Expect Mortgage Rates to Remain Favorable
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December 2019
Home Purchase Sentiment Index Caps Off Strong 2019 Near Its Survey High
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November 2019
Home Purchase Sentiment Rebounds in November, Re-Approaches Survey High
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October 2019
Home Purchase Sentiment Still Strong Despite Second Straight Decline
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September 2019
Consumers' Economic and Financial Concerns Keep Housing Confidence in Check
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August 2019
Housing Sentiment Inches Higher, Driven by Mortgage Rate Outlook
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July 2019
Housing Sentiment Hits New Survey High on Improving Job, Mortgage Rate Expectations
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June 2019
Housing Confidence Dips Slightly, Remains Near Survey High on Improved Mortgage Rate Expectations
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May 2019
Americans’ Confidence in Housing Nears Survey High, Despite Moderating Optimism About Wage Growth and Job Security
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April 2019
Consumers Temper Optimism on Housing Despite Improved Mortgage Rate Expectations
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March 2019
Housing Sentiment Surges Just in Time for Spring Homebuying Season
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Febraury 2019
HPSI Flat as Continued Economic Optimism Offset by Softening Housing Attitudes
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January 2019
HPSI Starts the New Year on a Hopeful Note
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December 2018
Housing Confidence Down as More Americans Believe It's a Bad Time to Buy a Home
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November 2018
Housing Sentiment Up Slightly on Reported Household Income Gains
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October 2018
Housing Sentiment Continues Downward Trend Despite Favorable Economy
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September 2018
Housing Sentiment Dips Slightly on Interest Rate Concerns
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August 2018
No Thanks to Housing, Home Purchase Sentiment Edges Up
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July 2018
Home Purchase Sentiment Hits Plateau as High Home Prices Stymie Trade-Up Confidence
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June 2018
Momentum in Consumer Housing Confidence Slows
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May 2018
Housing Sentiment Continues to Strengthen, but High Home Prices Complicate Consumer Purchase Confidence
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April 2018
Housing Confidence Hits New All-Time High
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March 2018
Housing Sentiment Remains Volatile, Edges Back Up
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February 2018
Housing Confidence Falls, Remains Volatile
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January 2018
Housing Sentiment at New Survey High on Higher Home Price Expectations
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December 2017
HPSI Dips, Ends 2017 on a Cautious Note
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November 2017
HPSI Returns to Gradual Upward Trend with November Jump
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October 2017
HPSI Dips on Diminished Home Buyer and Seller Sentiment
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September 2017
Overall Housing Confidence Up on Rising Renter Optimism
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August 2017
Overall Housing Confidence Up as Rising Home Prices Influence Increasingly Divergent Home Buying and Selling Sentiment
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July 2017
Housing Sentiment Dips as High Home Prices Weigh on Buyers and Economic Conditions Weigh on Sellers
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June 2017
Housing Sentiment at Record High as Consumers' Confidence in Home-Selling Environment Strengthens
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May 2017
A Seller’s Market? Consumers Express Diverging Sentiment on Home Buying and Selling in May
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April 2017
Housing Sentiment in April Rebounds Following March Dip
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March 2017
Housing Confidence Dips Amid Robust Home Price Gains and Rising Rate Expectation
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February 2017
Consumer Confidence in Housing Hits All-Time High
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January 2017
Rosier Economic Sentiment Boosts Housing Attitudes in January
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December 2016
Housing Sentiment Dampened by Rising Rates, Despite Improved Economic Confidence Post-Election
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November 2016
Presidential Election Clouds Views of Consumer Housing Sentiment in November
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October 2016
Consumer Pessimism On Display as Home Purchase Sentiment Index Drops Again
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September 2016
Consumers Show Increased Caution in Home Purchase Sentiment in September
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August 2016
Home Purchase Sentiment Index Retreats Slightly, but Gradual Upward Trend Continues
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July 2016
Home Purchase Sentiment Index Surpasses Survey High, Reaching 86.5 in July
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June 2016
Home Purchase Sentiment Index Decreases from High of 85.3 to 83.2
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May 2016
Home Purchase Sentiment Index Reaches New Survey High of 85.3 in May
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April 2016
Home Purchase Sentiment Index Increases to 83.7 in April
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March 2016
Home Purchase Sentiment Index Posts Lowest Reading in Last 18 Months, Falling to 80.2 in March
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February 2016
Home Purchase Sentiment Index Increases to 82.7 in February
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January 2016
Home Purchase Sentiment Index Decreases to 81.5 in January
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December 2015
Home Purchase Sentiment Index Moves Up in 2015, Returns to 83.2 in December
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November 2015
HPSI Decreases to 80.8 from 83.2: Economy Continues to Drag Housing Upward Despite Lackluster Consumer Financial Sentiment
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October 2015
HPSI Decreases Slightly to 83.2 from 83.8: Housing Sentiment Remains Flat While Wages Struggle
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September 2015
HPSI Increases to 83.8 – Upward Grind Resumes, Bringing the Housing Indicator Back Near Its Peak Level
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August 2015
Fannie Mae Introduces the Home Purchase Sentiment Index, an Innovative, Predictive Single Measure of Consumer Housing Attitudes
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July 2015
Americans' Outlook on the Home Selling Market Cools amid Economic and Financial Concerns
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June 2015
Consumer Attitudes on Housing May Signal Healthier Purchase Market Ahead
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May 2015
Americans' Housing Optimism Gains More Momentum amid Reported Income Growth; Supports Forecast of Pickup in Housing Activity This Year
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April 2015
More Consumers Positive On Housing, But Not Quite Ready to Leave the Sidelines; Survey Results Suggest Continued Modest Housing Growth in 2015
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March 2015
Lackluster Income Growth Weighing on Americans' Housing Sentiment; Share of Consumers Expecting to Buy a Home on Next Move Reaches Survey Low
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February 2015
Consumer Optimism Toward the Economy Reaches New All-Time Survey High
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January 2015
Consumers Positive Financial Attitudes a Good Sign for Housing
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December 2014
Consumers Not Ready to Move on Housing Despite Improved Outlook on Economy
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November 2014
National Housing Survey Results Mirror Uneven 2014 Activity, Support Forecast for Gradual Recovery in 2015
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October 2014
Americans' Personal Finance Sentiment Strengthens, Housing Optimism Follows Suit
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September 2014
Americans' Attitudes on Housing Return to Positive Trend; Indicators Suggest Continued Modest Recovery in 2015
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August 2014
Consumer Housing Sentiment Loses Momentum as Income Growth Remains Stagnant; Indicators Support Forecast that Gradual Housing Recovery Will Continue into 2015
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July 2014
First Phase of Housing Recovery Decelerates as Consumer Caution Continues
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June 2014
Americans' Attitudes Toward the Housing Market Reflect Steady but Slow Recovery, "Normal" Housing Levels Still a Ways Off
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May 2014
Consumer Concerns Regarding Economy Slow Housing Activity; Spring-Summer Buying and Selling Season Sputters Despite Drop in Mortgage Rates
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April 2014
Consumer Optimism Toward Housing Continues Gradual Climb Amid Easing Employment Concerns; Broad Positive Trends Expected to Boost Spring and Summer Selling Season
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March 2014
Housing Activity Loses Some Steam, But Positive Signs Crop Up Heading into Spring Home Buying Season; Consumer Optimism Trending Upward Since Last Year
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February 2014
Housing Recovery Expected to Press On Despite Recent Volatility in Consumer Attitudes
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January 2014
Consumers Positive About Access to Mortgage Credit; Views Toward Economy Improving
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December 2013
Housing Recovery Remains on Firm Footing as Americans' Housing Sentiment Bounces Back From an Autumn Dip
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November 2013
Cautious Consumers Stalling Housing Momentum
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October 2013
Government Shutdown and Debt Ceiling Debate a Real Downer on Consumer Economic and Housing Sentiment
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September 2013
Consumers in Cautionary Holding Pattern as Fiscal Policy Debate Unfolds
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August 2013
Consumers Well-Attuned to the Housing Market: National Housing Survey Results Reflect Current Market Conditions and Concerns
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July 2013
Americans Not Deterred by Rising Mortgage Interest Rates; Expectations for Improvement in Housing Sector Continue
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June 2013
Consumer Mortgage Rate Expectations Spike as Buying and Selling Sentiment Wane; Outlook on Housing and Finances May Spur Potential Homebuyers to Act
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May 2013
Americans' Optimism About Buying and Selling a Home Hits Record Levels; Shift in Attitude May Foreshadow Gradual Increase in Housing Supply
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April 2013
Consumers Tip Scales of Home Price Change Expectations; Majority Now Believe Prices Will Climb in Next 12 Months
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March 2013
Americans Consumers' Positive Housing Attitudes Withstand Fiscal Concerns; Many Indicators Holding At or Near All-Time Highs Despite Sequester
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February 2013
Americans Expect Home Prices and Mortgage Rates to Increase; Attitudes About Economy and Household Finances Remain Flat
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January 2013
Consumer Housing Sentiment Continues to Rise as Employment Concerns Wane; More Americans Say Now is a Good Time to Sell
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December 2012
Americans Continue to Expect Growth in Home Prices; Fiscal Cliff Debate Appears to Rattle Overall Economic and Financial Confidence
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November 2012
Improving Consumer Attitudes Suggest Continued Strength in Housing Market; More Americans Believe Economy Headed in Right Direction
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October 2012
Americans' Positive Housing Sentiment Continues Steady Climb, Suggests Solid Footing for Durable Recovery; Increase in Home Purchase and Rental Price Expectations May Support Home Sales
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September 2012
Consumer Attitudes on Housing Continue Summer Season's Gradual Upward Trend; Americans' Overall Economic Sentiment Shows Marked Improvement, Some Areas Post Record Highs
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August 2012
Americans' Outlook on Housing Continues to Inch Forward Despite Dip in Overall Economic Confidence; Recovery Across the Housing Market Will Likely Be a Gradual, Long-Term Climb
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July 2012
Consumer Expectations on Housing Remain Upbeat Amid Cautious Economic and Financial Outlook; Pickup in July Jobs Growth May Help Ease Americans' Concerns
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June 2012
Americans' Optimism About the Economy and Personal Finances Stalling Despite Underlying Continued Confidence in the Housing Market; Consumer Attitudes Demonstrative of Macroeconomic Indicators
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May 2012
Consumer Sentiment Appears to be Reaching Plateau Heading into Summer Season; Americans' "Wait and See" Attitudes Indicative of Decelerating Job Growth and Flattening Macro Trends
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April 2012
Consumer Attitudes Continue Positive Incremental Trend Despite Slow Job Growth; Home Price Expectations and Share of Americans Who Think it is a Good Time to Sell Their Home Continue to Increase
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March 2012
Americans' Expectations Align to Encourage Home Buying; Respondents Expect Significant Rental Price Rise
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February 2012
Consumer Attitudes About Personal Finances and Housing Stabilize Alongside Positive Economic News
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January 2012
Fed Actions Drive Mortgage Rate Expectations; Consumer Home Price Expectations Continue Upward Trend
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December 2011
Consumer Attitudes Improve in December
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November 2011
Indicators Show Consumer Concerns Stabilize in November; Downward Slide of Consumer Sentiment Appears to Have Halted
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October 2011
October Monthly Indicators Show Consumers in a Pessimistic Holding Pattern
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September 2011
September indicators show Americans still very pessimistic about the economy, home prices, and household finances
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August 2011
August monthly indicators show Americans' pessimism on the economy, home prices, and household finances continues to deepen
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July 2011
July monthly indicators provide timely insights into key consumer attitudes driving sentiment about the economy, household finances, and housing choices
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June 2011
June National Housing Survey shows key changes in Americans’ attitudes toward housing and the economy over the last year
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Page last revised: 8/7/23