Despite some recent volatility, consumer sentiment towards the housing market continues to trend upwards, Fannie Mae reports.

The share of respondents who said it’s a good time to buy a house climbed 3 percentage points to 68 percent in February, while the share of people who say home prices will increase in the next 12 months rose by 7 percentage points to 50 percent, following a measurable drop the month before, according to Fannie Mae’s latest National Housing Survey.

Meanwhile, people’s confidence in access to credit lagged. The share of respondents who said it would be easy for them to get a home mortgage today fell 7 percentage points in February, the survey found.

Source: Fannie Mae

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
New sessions have been added to Connect Now Agenda on October 20th! Check out the power-packed lineup. SEE THE AGENDA×