{"id":12475,"date":"2017-11-10T14:05:15","date_gmt":"2017-11-10T14:05:15","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=12475"},"modified":"2017-11-10T14:05:16","modified_gmt":"2017-11-10T14:05:16","slug":"report-consumers-jittery-buy-sell","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/report-consumers-jittery-buy-sell\/","title":{"rendered":"Report: Consumers More Jittery To Buy, Sell"},"content":{"rendered":"

Report: Consumers More Jittery To Buy, Sell<\/h1>\n
\"Report:<\/a>

Report: Consumers More Jittery To Buy, Sell<\/p><\/div>\n

Fannie Mae\u2019s Home Purchase Sentiment Index receded from its all-time high set last month, as Americans showed less confidence about buying and selling in October. But the dip may be seasonal, according to Fannie Mae\u2019s chief economist.<\/p>\n

The index, which measures consumers\u2019 perceptions on the housing market, showed an 8 percentage point decrease month over month on the net share of respondents who said now is a good time to sell; it decreased 6 percentage points on the net share who said it is a good time to buy.<\/p>\n

\u201cThe modest decrease in October\u2019s Home Purchase Sentiment Index is driven in large part by decreases in favorable views of the current home buying and selling climates, a shift we expect at this time of year moving out of the summer home buying season,\u201d says Doug Duncan, Fannie Mae\u2019s chief economist. \u201cIndicators of broader economic and personal financial sentiment remain relatively steady. Overall, these results are consistent with our view that the housing market will continue its slow, upward grind through 2018.\u201d<\/p>\n

Here is a closer look at Fannie Mae\u2019s October Home Purchase Sentiment Index, which is based on responses from 1,000 consumers:<\/p>\n