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Consumer Sentiment Toward Housing Reaches Lowest Level Since 2011

By Dale Oviatt posted 08-10-2022 03:28 PM

  
The Fannie Mae Home Purchase Index indicates selling conditions are softening and consumers are pessimistic about buying conditions.
Consumer sentiment toward housing decreased to its lowest level since 2011 in July, according to the Fannie Mae Home Purchase Sentiment Index (HPSI). The HPSI dropped 2 points on a month-over-month basis to a reading of 62.8 last month.
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