Renter optimism raises housing market confidence

This increase was attributed to a positive outlook on the future residential market overall as well as the financing and rental markets. rebny regularly surveys its residential and commercial brokerage division members to measure their confidence in the New York City real estate market now and six months from now.

The housing market continues its strong push through 2017. Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased by 0.3 points to 88.3 in September, matching the all-time high set in June.. / Housing Confidence Up On Rising Renter Optimism at End of Q3 2017.. The increase basically.

Application activity increases on a slight decline in rates A contact in Oregon reported a modest increase in building and selling activity due in part to lower mortgage rates, though a few other contacts observed a slight decline in building activity in some areas due to softer demand.

A quick overview of the top economic indicators to track the housing market in the U.S.. Index that looks at the level of confidence that builders have in the single-family housing market. By.

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Nomura Instinet downgraded several companies dependent on housing market growth Thursday, citing U.S.-China trade uncertainty that could put a damper on consumer confidence and economic growth.

So it was a little bit more than surprising to see a sudden burst of optimism among potential homebuyers in a monthly sentiment survey from Fannie Mae. Housing confidence rose in September to match the all-time high set in June. The main driver: a big jump in the share of current renters surveyed saying now is a good time to buy.

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October 09, 2017 Overall Housing Confidence Up on Rising Renter Optimism. Matthew Classick 202-752-3662 WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.3 points in September to 88.3, matching the all-time high set in June. The rise can be attributed to increases in three of the six HPSI components.

Optimism Driven by First-Time Homebuyers Reports ValueInsured’s Quarterly Index. DALLAS, January 25, 2017 – Americans are starting off 2017 cautiously optimistic about the housing market, reports valueinsured modern homebuyer survey. The first consumer confidence survey conducted in January and released post-inauguration reveals nearly seven-in-10 Americans (69 percent) believe 2017 will.

Also, it appears that, unlike other REIT sectors, investors have firm confidence in FFO growth projections for Apartment REITs, based on high occupancy (95-97%) and rental rate increases. on this.

Typically, a burst in the housing market occurs in certain states or regions, but. Demand increases even more; The market undergoes a shift.. more confident, they typically choose to stop renting house or apartments and start owning property.. when Americans are enthusiastic and optimistic about the housing market.