The Fannie Mae Home Purchase Sentiment Index (HPSI) remained relatively flat in May, increasing by 1 point to 80.0.
Four of the HPSI’s six components increased month over month – most notably the components related to personal finance – as consumers reported a much greater sense of job security and improved household income compared to the same time last year.
However, for the second consecutive month, consumers also reported a significantly more pessimistic view