In its latest commentary, the GSE's research group doesn't expect a notable sales boost until well into 2025
Tagged: Fannie Mae
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.
Year-over-year increases show the housing market continues to slowly shift in favor of buyers.
Fannie Mae's Home Purchase Sentiment Index (HPSI) rose 6.6 points year-over-year.
Ficklin has led the CFPB's fair lending office since it opened its doors in 2011.
A growing body of data show that market dynamics are shifting in buyers' favor.
Only two months in past decade saw fewer home sales, Redfin reports