Confidence in Housing Slips as Year Winds Down

Confidence in housing slipped from an all-time high in October in the Fannie Mae Home Purchase Sentiment Index® (HPSI), thanks to less optimism from both homebuyers and sellers—a sentiment somewhat typical for this time of year. The HPSI overall posted 85.2 in October, 3.1 percentage points lower than the month prior.
“The modest decrease in October’s Home Purchase Sentiment Index is driven in large part by decreases in favorable views of the current home-buying and home-se