Fannie Mae: Rapid rebound of consumer housing sentiment continues

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Fannie Mae’s Home Purchase Sentiment Index (HPIS) rose 3.5 points in September, continuing the rapid rebound of consumer confidence in the housing market since the lows brought about by the COVID-19 pandemic. “Going forward, we believe the wild card to be whether enough sellers enter the market to continue to meet the strong homebuying demand,” Duncan said. “The home purchase market requires the proper mix of home price growth and continued economic recovery to achieve sustainable levels of housing activity.”

Read the complete Scotsman Guide article here.