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Led by a drop in refinance activity from record-highs, applications decrease
In its latest commentary, the GSE's research group doesn't expect a notable sales boost until well into 2025
The Fannie Mae Home Purchase Sentiment Index (HPSI) revealed that only 17% of consumers think it's a good time to buy a home.
The government-sponsored enterprise also released its June 2024 monthly summary.
Fannie Mae and Redfin both forecast home price growth slowing in latest reports.
Single-family home prices saw a year-over-year increase of 6.9% in Q2 2024, per Fannie's latest Home Price Index.
