Fannie Mae released the its September 2014 National Housing Survey. The results: more indicators show an increase in consumer housing optimism.
In September, the share of consumers who say now is a good time to buy a home is back up to 68 percent, a four-percentage-point increase from August. Results also show a notable jump in consumers’ views toward the economy – a 5 percent increase to 40 percent from last month’s 35 percent. Highlights included average 12-month home price change expectation rising to 2.2 percent and the share of respondents who think getting a mortgage is difficult today decreasing by one percentage point.