Saturday, May 4, 2024 | The Latest Buzz for the Appraisal Industry

Slower Housing Market Predicted for 2022 with Softening HPSI

The Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 0.5 points to 74.2 in December, as consumers continued to report substantially divergent views of homebuying and home-selling conditions.

Overall, three of the index’s six components decreased month over month. In December, 76% of respondents reported that it’s a good time to sell a home, compared to the survey record-low 26% of consumers who reported that it’s a good time to buy. By comparison, in

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