Consumer Confidence in Housing Remains Near All-Time High Despite Slight Dip


It’s no secret we are living in uncertain times, from all over the world we are coming together to slow the spread of a deadly virus. In the midst of this, many worries over the state of the economy not just in America but on a global scale. Of course, this will have an impact on the housing market, however, it is not as bad as one may assume. Statistics have shown that there is still strong confidence in the U.S. housing market- a slight dip but still remaining near an all-time high. According to the Fannie Mae Home Purchasing Sentiment Index (HPSI) on March 9th, 2020, the dip was only slight at .5% from 93.8 to 92.5. In the home price expectations sector there was a 2% decrease in ...


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