CONSUMER HOUSING OPTIMISM REBOUNDS IN APRIL

Source: Housing Wire 
Many consumers grew more optimistic about the housing in April, rebounding from March’s dip in confidence, according to the Fannie Mae Home Purchase Sentiment Index. The index increased 2.2 percentage points in April to 86.7, and five of the six components saw an increase.

Americans who said now is a good time to sell a home was the only component to decrease, dropping five percentage points to 26 percent, however those who said now is a good time to buy a home increased five percentage points to 35 percent.

Consumers were also more optimistic about the stability of their jobs, with that component increasing by seven percentage points to 77 percent. Respondents who reported a household income that’s significantly higher than 12 months ago increased by two percentage points to 13 percent.

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http://www.housingwire.com/articles/40064-fannie-mae-consumer-housing-optimism-rebounds-in-april