Skip to main content
Research & Insights

National Housing Survey Archive

Monthly Home Purchase Sentiment Index / National Housing Survey Archive

The following is an archived list of Fannie Mae's National Housing Survey Monthly Indicators report. The survey assesses consumer sentiment toward owning and renting a home, the current state of their household finances, views on the U.S. housing finance system, and overall confidence in the economy. The survey was designed to gain a better understanding of current attitudes toward housing and to track changes in these attitudes. Click here for results from the most recent survey.

October 2024
Consumers Feeling Better About Housing Market Despite High Home Prices
Learn more


September 2024
Housing Confidence Inches Higher Amid Record-High Optimism Toward Mortgage Rates
Learn more


August 2024
Mortgage Rate Optimism Spikes, but Homebuying Pessimism Persists
Learn more


July 2024
Frustration Evident in Consumer Housing Sentiment
Learn more


June 2024
Housing Sentiment Rebounds, Returns to Likely Plateau
Learn more


May 2024
Homebuying Sentiment Hits New Survey Low
Learn more


April 2024
Housing Sentiment Again Shows Signs of Plateauing
Learn more


March 2024
Households May Finally Be Adjusting to Higher Mortgage Rates
Learn more


February 2024
Home-Selling Sentiment Moves Higher Ahead of Spring Homebuying Season
Learn more


January 2024
Mortgage Rate Optimism Hits Survey High
Learn more


December 2023
Consumer Optimism About Mortgage Rates Jumps Significantly
Learn more


November 2023
Housing Sentiment Remains Stuck in Low-Level Plateau
Learn more


October 2023
Consumers Increasingly Sour on Economy, Blame Inflation
Learn more


September 2023
Elevated Mortgage Rates Push Housing Sentiment Even Lower
Learn more


August 2023
Unusual Housing Market Dynamics Contributing to Stall in Consumer Sentiment
Learn more


July 2023
Consumers Report Improving Job Security, Healthy Household Finances
Learn more


June 2023
Consumer Confidence in Housing May Have Plateaued
Learn more


May 2023
Perceived Homebuying and Home-Selling Conditions Diverged Further in May
Learn more


April 2023
HPSI Increases as Housing Confidence Continues Upward Trend
Learn more


March 2023
Consumer Confidence in Housing Market Remains Near Historic Lows
Learn more


February 2023
Housing Sentiment Returns to Near-Survey Low Amid Affordability Constraints and Job Security Concerns
Learn more


January 2023
Unaffordability Continues to Weigh Heavily on Consumer Perceptions of Housing Market
Learn more


December 2022
Easing Mortgage Rates and Home Prices Provide Slight Boost to Homebuyer Sentiment
Learn more


November 2022
High Mortgage Rates Remain Primary Impediment to Housing Sentiment
Learn more


October 2022
Consumer Confidence in Housing Hits New All-Time Low
Learn more


September 2022
Housing Sentiment Dips Again, Inches Closer to All-Time Low
Learn more


August 2022
High Home Prices, Mortgage Rates Weighing on Housing Sentiment
Learn more


July 2022
Consumer Sentiment Toward Housing at Lowest Level in Decade
Learn more


June 2022
Consumers Appear Increasingly Frustrated by Housing Market, Larger Economy
Learn more


May 2022
Would-Be Homebuyers Feeling Squeeze of Higher Home Prices and Mortgage Rates
Learn more


April 2022
Consumer Sentiment Toward Housing Hits Lowest Level in Two Years
Learn more


March 2022
Consumer Pessimism Regarding Direction of Mortgage Rates Hits New Survey High
Learn more


February 2022
More Consumers Expect Mortgage Rates and Home Prices to Rise Even Further
Learn more


January 2022
Housing Sentiment Drifts Lower as Affordability Constraints Sharpen
Learn more


December 2021
Softening HPSI May Portend Slower Housing Market in 2022
Learn more


November 2021
Economic Pessimism Hits 10-Year High, but Consumer Sentiment Toward Housing Remains Flat
Learn more


October 2021
Consumers’ Attitude Toward Housing Conditions Remains Mixed
Learn more


September 2021
High Home Prices Continue to Weigh on Homebuying Sentiment
Learn more


August 2021
HPSI Flat, But Consumers Slightly More Optimistic About Homebuying Conditions for First Time Since March
Learn more


July 2021
Homebuying and Selling Sentiment Remain Polarized Amid Affordability and Supply Concerns
Learn more


June 2021
Consumers Increasingly Adamant That It’s a Good Time to Sell, Bad Time to Buy a Home
Learn more


May 2021
Consumer Perception of Homebuying Conditions Worsens as Affordability and Supply Issues Persist
Learn more


April 2021
HPSI Dips as Consumers’ Pessimism Toward Homebuying Conditions Sets Survey Record
Learn more


March 2021
Housing Sentiment Jumps on Consumers’ Selling and Personal Finance Optimism
Learn more


February 2021
Consumer Sentiment on Housing Dips Slightly Despite Growing Labor Market Optimism
Learn more


January 2021
Housing Sentiment Edges Upward as Reported Conditions Favor Sellers
Learn more


December 2020
Consumer Confidence in Housing Falls Again as COVID-19 Pandemic Surges
Learn more


November 2020
Home Purchase Sentiment Dips Slightly, May Have Plateaued For Now
Learn more


October 2020
HPSI in Holding Pattern as Election Results Resolve and Pandemic Evolves
Learn more


September 2020
Housing Sentiment Continues Rapid Recovery as Mortgage Rates Remain Near Historic Lows
Learn more


August 2020
Housing Sentiment Regains Momentum After July Stumble
Learn more


July 2020
Consumer Confidence in Housing Dips as Homebuying Sentiment Falls Sharply in July
Learn more


June 2020
Housing Confidence Gaining Steam After Nearing Survey Low
Learn more


May 2020
Home Purchase Sentiment Index Rises Slightly, Remains Near Survey Low
Learn more


April 2020
COVID-19 Pushes Consumer Confidence in Housing to Lowest Level Since November 2011
Learn more


March 2020
More Americans Express Concern About Losing Their Job, Latest HPSI Results Show
Learn more


February 2020
Consumer Confidence in Housing Remains Near All-Time High Despite Slight Dip
Learn more


January 2020
Housing Sentiment Nears Survey High as More Consumers Expect Mortgage Rates to Remain Favorable
Learn more


December 2019
Home Purchase Sentiment Index Caps Off Strong 2019 Near Its Survey High
Learn more


November 2019
Home Purchase Sentiment Rebounds in November, Re-Approaches Survey High
Learn more


October 2019
Home Purchase Sentiment Still Strong Despite Second Straight Decline
Learn more


September 2019
Consumers' Economic and Financial Concerns Keep Housing Confidence in Check
Learn more


August 2019
Housing Sentiment Inches Higher, Driven by Mortgage Rate Outlook
Learn more


July 2019
Housing Sentiment Hits New Survey High on Improving Job, Mortgage Rate Expectations
Learn more


June 2019
Housing Confidence Dips Slightly, Remains Near Survey High on Improved Mortgage Rate Expectations
Learn more


May 2019
Americans’ Confidence in Housing Nears Survey High, Despite Moderating Optimism About Wage Growth and Job Security
Learn more


April 2019
Consumers Temper Optimism on Housing Despite Improved Mortgage Rate Expectations
Learn more


March 2019
Housing Sentiment Surges Just in Time for Spring Homebuying Season
Learn more


Febraury 2019
HPSI Flat as Continued Economic Optimism Offset by Softening Housing Attitudes
Learn more


January 2019
HPSI Starts the New Year on a Hopeful Note
Learn more


December 2018
Housing Confidence Down as More Americans Believe It's a Bad Time to Buy a Home
Learn more


November 2018
Housing Sentiment Up Slightly on Reported Household Income Gains
Learn more


October 2018
Housing Sentiment Continues Downward Trend Despite Favorable Economy
Learn more


September 2018
Housing Sentiment Dips Slightly on Interest Rate Concerns
Learn more


August 2018
No Thanks to Housing, Home Purchase Sentiment Edges Up
Learn more


July 2018
Home Purchase Sentiment Hits Plateau as High Home Prices Stymie Trade-Up Confidence
Learn more


June 2018
Momentum in Consumer Housing Confidence Slows
Learn more


May 2018
Housing Sentiment Continues to Strengthen, but High Home Prices Complicate Consumer Purchase Confidence
Learn more


April 2018
Housing Confidence Hits New All-Time High
Learn more


March 2018
Housing Sentiment Remains Volatile, Edges Back Up
Learn more


February 2018
Housing Confidence Falls, Remains Volatile
Learn more


January 2018
Housing Sentiment at New Survey High on Higher Home Price Expectations
Learn more


December 2017
HPSI Dips, Ends 2017 on a Cautious Note
Learn more


November 2017
HPSI Returns to Gradual Upward Trend with November Jump
Learn more


October 2017
HPSI Dips on Diminished Home Buyer and Seller Sentiment
Learn more


September 2017
Overall Housing Confidence Up on Rising Renter Optimism
Learn more


August 2017
Overall Housing Confidence Up as Rising Home Prices Influence Increasingly Divergent Home Buying and Selling Sentiment
Learn more


July 2017
Housing Sentiment Dips as High Home Prices Weigh on Buyers and Economic Conditions Weigh on Sellers
Learn more


June 2017
Housing Sentiment at Record High as Consumers' Confidence in Home-Selling Environment Strengthens
Learn more


May 2017
A Seller’s Market? Consumers Express Diverging Sentiment on Home Buying and Selling in May
Learn more


April 2017
Housing Sentiment in April Rebounds Following March Dip
Learn more


March 2017
Housing Confidence Dips Amid Robust Home Price Gains and Rising Rate Expectation
Learn more


February 2017
Consumer Confidence in Housing Hits All-Time High
Learn more


January 2017
Rosier Economic Sentiment Boosts Housing Attitudes in January
Learn more


December 2016
Housing Sentiment Dampened by Rising Rates, Despite Improved Economic Confidence Post-Election
Learn more


November 2016
Presidential Election Clouds Views of Consumer Housing Sentiment in November
Learn more


October 2016
Consumer Pessimism On Display as Home Purchase Sentiment Index Drops Again
Learn more


September 2016
Consumers Show Increased Caution in Home Purchase Sentiment in September
Learn more


August 2016
Home Purchase Sentiment Index Retreats Slightly, but Gradual Upward Trend Continues
Learn more


July 2016
Home Purchase Sentiment Index Surpasses Survey High, Reaching 86.5 in July
Learn more


June 2016
Home Purchase Sentiment Index Decreases from High of 85.3 to 83.2
Learn more


May 2016
Home Purchase Sentiment Index Reaches New Survey High of 85.3 in May
Learn more


April 2016
Home Purchase Sentiment Index Increases to 83.7 in April
Learn more


March 2016
Home Purchase Sentiment Index Posts Lowest Reading in Last 18 Months, Falling to 80.2 in March
Learn more


February 2016
Home Purchase Sentiment Index Increases to 82.7 in February
Learn more


January 2016
Home Purchase Sentiment Index Decreases to 81.5 in January
Learn more


December 2015
Home Purchase Sentiment Index Moves Up in 2015, Returns to 83.2 in December
Learn more


November 2015
HPSI Decreases to 80.8 from 83.2: Economy Continues to Drag Housing Upward Despite Lackluster Consumer Financial Sentiment
Learn more


October 2015
HPSI Decreases Slightly to 83.2 from 83.8: Housing Sentiment Remains Flat While Wages Struggle
Learn more


September 2015
HPSI Increases to 83.8 – Upward Grind Resumes, Bringing the Housing Indicator Back Near Its Peak Level
Learn more


August 2015
Fannie Mae Introduces the Home Purchase Sentiment Index, an Innovative, Predictive Single Measure of Consumer Housing Attitudes
Learn more


July 2015
Americans' Outlook on the Home Selling Market Cools amid Economic and Financial Concerns
Learn more


June 2015
Consumer Attitudes on Housing May Signal Healthier Purchase Market Ahead
Learn more


May 2015
Americans' Housing Optimism Gains More Momentum amid Reported Income Growth; Supports Forecast of Pickup in Housing Activity This Year
Learn more


April 2015
More Consumers Positive On Housing, But Not Quite Ready to Leave the Sidelines; Survey Results Suggest Continued Modest Housing Growth in 2015
Learn more


March 2015
Lackluster Income Growth Weighing on Americans' Housing Sentiment; Share of Consumers Expecting to Buy a Home on Next Move Reaches Survey Low
Learn more


February 2015
Consumer Optimism Toward the Economy Reaches New All-Time Survey High
Learn more


January 2015
Consumers Positive Financial Attitudes a Good Sign for Housing
Learn more


December 2014
Consumers Not Ready to Move on Housing Despite Improved Outlook on Economy
Learn more


November 2014
National Housing Survey Results Mirror Uneven 2014 Activity, Support Forecast for Gradual Recovery in 2015
Learn more


October 2014
Americans' Personal Finance Sentiment Strengthens, Housing Optimism Follows Suit
Learn more


September 2014
Americans' Attitudes on Housing Return to Positive Trend; Indicators Suggest Continued Modest Recovery in 2015
Learn more


August 2014
Consumer Housing Sentiment Loses Momentum as Income Growth Remains Stagnant; Indicators Support Forecast that Gradual Housing Recovery Will Continue into 2015
Learn more


July 2014
First Phase of Housing Recovery Decelerates as Consumer Caution Continues
Learn more


June 2014
Americans' Attitudes Toward the Housing Market Reflect Steady but Slow Recovery, "Normal" Housing Levels Still a Ways Off
Learn more


May 2014
Consumer Concerns Regarding Economy Slow Housing Activity; Spring-Summer Buying and Selling Season Sputters Despite Drop in Mortgage Rates
Learn more


April 2014
Consumer Optimism Toward Housing Continues Gradual Climb Amid Easing Employment Concerns; Broad Positive Trends Expected to Boost Spring and Summer Selling Season
Learn more


March 2014
Housing Activity Loses Some Steam, But Positive Signs Crop Up Heading into Spring Home Buying Season; Consumer Optimism Trending Upward Since Last Year
Learn more


February 2014
Housing Recovery Expected to Press On Despite Recent Volatility in Consumer Attitudes
Learn more


January 2014
Consumers Positive About Access to Mortgage Credit; Views Toward Economy Improving
Learn more


December 2013
Housing Recovery Remains on Firm Footing as Americans' Housing Sentiment Bounces Back From an Autumn Dip
Learn more


November 2013
Cautious Consumers Stalling Housing Momentum
Learn more


October 2013
Government Shutdown and Debt Ceiling Debate a Real Downer on Consumer Economic and Housing Sentiment
Learn more


September 2013
Consumers in Cautionary Holding Pattern as Fiscal Policy Debate Unfolds
Learn more


August 2013
Consumers Well-Attuned to the Housing Market: National Housing Survey Results Reflect Current Market Conditions and Concerns
Learn more


July 2013
Americans Not Deterred by Rising Mortgage Interest Rates; Expectations for Improvement in Housing Sector Continue
Learn more


June 2013
Consumer Mortgage Rate Expectations Spike as Buying and Selling Sentiment Wane; Outlook on Housing and Finances May Spur Potential Homebuyers to Act
Learn more


May 2013
Americans' Optimism About Buying and Selling a Home Hits Record Levels; Shift in Attitude May Foreshadow Gradual Increase in Housing Supply
Learn more


April 2013
Consumers Tip Scales of Home Price Change Expectations; Majority Now Believe Prices Will Climb in Next 12 Months
Learn more


March 2013
Americans Consumers' Positive Housing Attitudes Withstand Fiscal Concerns; Many Indicators Holding At or Near All-Time Highs Despite Sequester
Learn more


February 2013
Americans Expect Home Prices and Mortgage Rates to Increase; Attitudes About Economy and Household Finances Remain Flat
Learn more


January 2013
Consumer Housing Sentiment Continues to Rise as Employment Concerns Wane; More Americans Say Now is a Good Time to Sell
Learn more


December 2012
Americans Continue to Expect Growth in Home Prices; Fiscal Cliff Debate Appears to Rattle Overall Economic and Financial Confidence
Learn more


November 2012
Improving Consumer Attitudes Suggest Continued Strength in Housing Market; More Americans Believe Economy Headed in Right Direction
Learn more


October 2012
Americans' Positive Housing Sentiment Continues Steady Climb, Suggests Solid Footing for Durable Recovery; Increase in Home Purchase and Rental Price Expectations May Support Home Sales
Learn more


September 2012
Consumer Attitudes on Housing Continue Summer Season's Gradual Upward Trend; Americans' Overall Economic Sentiment Shows Marked Improvement, Some Areas Post Record Highs
Learn more


August 2012
Americans' Outlook on Housing Continues to Inch Forward Despite Dip in Overall Economic Confidence; Recovery Across the Housing Market Will Likely Be a Gradual, Long-Term Climb
Learn more


July 2012
Consumer Expectations on Housing Remain Upbeat Amid Cautious Economic and Financial Outlook; Pickup in July Jobs Growth May Help Ease Americans' Concerns
Learn more


June 2012
Americans' Optimism About the Economy and Personal Finances Stalling Despite Underlying Continued Confidence in the Housing Market; Consumer Attitudes Demonstrative of Macroeconomic Indicators
Learn more


May 2012
Consumer Sentiment Appears to be Reaching Plateau Heading into Summer Season; Americans' "Wait and See" Attitudes Indicative of Decelerating Job Growth and Flattening Macro Trends
Learn more


April 2012
Consumer Attitudes Continue Positive Incremental Trend Despite Slow Job Growth; Home Price Expectations and Share of Americans Who Think it is a Good Time to Sell Their Home Continue to Increase
Learn more


March 2012
Americans' Expectations Align to Encourage Home Buying; Respondents Expect Significant Rental Price Rise
Learn more


February 2012
Consumer Attitudes About Personal Finances and Housing Stabilize Alongside Positive Economic News
Learn more


January 2012
Fed Actions Drive Mortgage Rate Expectations; Consumer Home Price Expectations Continue Upward Trend
Learn more


December 2011
Consumer Attitudes Improve in December
Learn more


November 2011
Indicators Show Consumer Concerns Stabilize in November; Downward Slide of Consumer Sentiment Appears to Have Halted
Learn more


October 2011
October Monthly Indicators Show Consumers in a Pessimistic Holding Pattern
Learn more


September 2011
September indicators show Americans still very pessimistic about the economy, home prices, and household finances
Learn more


August 2011
August monthly indicators show Americans' pessimism on the economy, home prices, and household finances continues to deepen
Learn more


July 2011
July monthly indicators provide timely insights into key consumer attitudes driving sentiment about the economy, household finances, and housing choices
Learn more


June 2011
June National Housing Survey shows key changes in Americans’ attitudes toward housing and the economy over the last year
Learn more

 

Page last revised: 8/7/23