A Seller's Market? Consumers Express Diverging Sentiment on Home Buying and Selling in May
“High home prices have led many consumers to give us the first clear indication we’ve seen in the National Housing Survey’s seven-year history that they think it’s now a seller’s market,” said Doug Duncan, senior vice president and chief economist at Fannie Mae. “However, we continue to see a lack of housing supply as many potential sellers are unwilling or unable to put their homes on the market, perhaps due in part to concerns over finding an affordable replacement home. Prospective homebuyers are likely to face continued home price increases as long as housing supply remains tight.”
On this webpage you will find a news release with highlights from the HPSI and NHS results and the latest Data Release highlighting the consumer attitudinal indicators.
Downloads and Related Links
May 2017 National Housing Survey Data Release (PDF)