Consumer confidence in the housing market rose in September nearly to its record high, driven mostly by positive sellers' attitudes and home price strength.
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Housing Sentiment Lowered Among Consumer Economic Concerns
Consumer attitudes toward the real estate market slid down in August due to economic concerns, Fannie Mae reported in their newly launched Home Purchase Sentiment Index (HPSI). In August 2015, the HPSI fell 0.5 points from July to 80.8, Fannie Mae said. The sentiment level is also down from the peak reached in June 2015 of 84.7 and the index is up 5.3 points from August 2014.
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