HPSI RETURNS TO GRADUAL UPWARD TREND WITH NOVEMBER JUMP

摘要

Fannie Mae has announced that its Home Purchase Sentiment Index (HPSI) increased 2.6 points in November to 87.8, once again nearing its all-time high from September. The increase can be attributed to increases in four of the six HPSI components. The net share of respondents who said now is a good time to buy a home increased 7 percentage points compared to October but remains down 1 percentage point compared to the same period last year. Ad-ditionally, the net share who reported that now is a good time to sell a home rose 4 percentage points in November and is now up 21 percentage points year-over-year. The net share who said home prices will go up in the next 12 months increased 6 percentage points in November, while Americans also expressed a greater sense of job security, with the net share who say they are not concerned about losing their job increasing 4 percentage points. Finally, the net share of consumers who reported that their income is significantly higher than it was 12 months ago remained unchanged in November.