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                        Research and Insights
                        National Housing Survey
                        National Housing Survey Archive
    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.

**March 2024**
Households May Finally Be Adjusting to Higher Mortgage RatesLearn more

**February 2024**
Home-Selling Sentiment Moves Higher Ahead of Spring Homebuying SeasonLearn more

**January 2024**
Mortgage Rate Optimism Hits Survey HighLearn more

**December 2023**
Consumer Optimism About Mortgage Rates Jumps SignificantlyLearn more

**November 2023**
Housing Sentiment Remains Stuck in Low-Level PlateauLearn more

**October 2023**
Consumers Increasingly Sour on Economy, Blame InflationLearn more

**September 2023**
Elevated Mortgage Rates Push Housing Sentiment Even LowerLearn more

**August 2023**
Unusual Housing Market Dynamics Contributing to Stall in Consumer SentimentLearn more

**July 2023**
Consumers Report Improving Job Security, Healthy Household FinancesLearn more

**June 2023**
Consumer Confidence in Housing May Have PlateauedLearn more

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

**April 2023**
HPSI Increases as Housing Confidence Continues Upward TrendLearn more

**March 2023**
Consumer Confidence in Housing Market Remains Near Historic LowsLearn more

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

**January 2023**
Unaffordability Continues to Weigh Heavily on Consumer Perceptions of Housing MarketLearn more

**December 2022**
Easing Mortgage Rates and Home Prices Provide Slight Boost to Homebuyer SentimentLearn more

**November 2022**
High Mortgage Rates Remain Primary Impediment to Housing SentimentLearn more

**October 2022**
Consumer Confidence in Housing Hits New All-Time LowLearn more

**September 2022**
Housing Sentiment Dips Again, Inches Closer to All-Time LowLearn more

**August 2022**
High Home Prices, Mortgage Rates Weighing on Housing SentimentLearn more

**July 2022**
Consumer Sentiment Toward Housing at Lowest Level in DecadeLearn more

**June 2022**
Consumers Appear Increasingly Frustrated by Housing Market, Larger EconomyLearn more

**May 2022**
Would-Be Homebuyers Feeling Squeeze of Higher Home Prices and Mortgage RatesLearn more

**April 2022**
Consumer Sentiment Toward Housing Hits Lowest Level in Two YearsLearn more

**March 2022**
Consumer Pessimism Regarding Direction of Mortgage Rates Hits New Survey HighLearn more

**February 2022**
More Consumers Expect Mortgage Rates and Home Prices to Rise Even FurtherLearn more

**January 2022**
Housing Sentiment Drifts Lower as Affordability Constraints SharpenLearn more

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

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

**October 2021**
Consumers’ Attitude Toward Housing Conditions Remains MixedLearn more

**September 2021**
High Home Prices Continue to Weigh on Homebuying SentimentLearn more

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

**July 2021**
Homebuying and Selling Sentiment Remain Polarized Amid Affordability and Supply ConcernsLearn more

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

**May 2021**
Consumer Perception of Homebuying Conditions Worsens as Affordability and Supply Issues PersistLearn more

**April 2021**
HPSI Dips as Consumers’ Pessimism Toward Homebuying Conditions Sets Survey RecordLearn more

**March 2021**
Housing Sentiment Jumps on Consumers’ Selling and Personal Finance OptimismLearn more

**February 2021**
Consumer Sentiment on Housing Dips Slightly Despite Growing Labor Market OptimismLearn more

**January 2021**
Housing Sentiment Edges Upward as Reported Conditions Favor SellersLearn more

**December 2020**
Consumer Confidence in Housing Falls Again as COVID-19 Pandemic SurgesLearn more

**November 2020**
Home Purchase Sentiment Dips Slightly, May Have Plateaued For NowLearn more

**October 2020**
HPSI in Holding Pattern as Election Results Resolve and Pandemic EvolvesLearn more

**September 2020**
Housing Sentiment Continues Rapid Recovery as Mortgage Rates Remain Near Historic LowsLearn more

**August 2020**
Housing Sentiment Regains Momentum After July StumbleLearn more

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

**June 2020**
Housing Confidence Gaining Steam After Nearing Survey LowLearn more

**May 2020**
Home Purchase Sentiment Index Rises Slightly, Remains Near Survey LowLearn more

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

**March 2020**
More Americans Express Concern About Losing Their Job, Latest HPSI Results ShowLearn more

**February 2020**
Consumer Confidence in Housing Remains Near All-Time High Despite Slight DipLearn more

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

**December 2019**
Home Purchase Sentiment Index Caps Off Strong 2019 Near Its Survey HighLearn more

**November 2019**
Home Purchase Sentiment Rebounds in November, Re-Approaches Survey HighLearn more

**October 2019**
Home Purchase Sentiment Still Strong Despite Second Straight DeclineLearn more

**September 2019**
Consumers' Economic and Financial Concerns Keep Housing Confidence in CheckLearn more

**August 2019**
Housing Sentiment Inches Higher, Driven by Mortgage Rate OutlookLearn more

**July 2019**
Housing Sentiment Hits New Survey High on Improving Job, Mortgage Rate ExpectationsLearn more

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

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

**April 2019**
Consumers Temper Optimism on Housing Despite Improved Mortgage Rate ExpectationsLearn more

**March 2019**
Housing Sentiment Surges Just in Time for Spring Homebuying SeasonLearn more

**Febraury 2019**
HPSI Flat as Continued Economic Optimism Offset by Softening Housing AttitudesLearn more

**January 2019**
HPSI Starts the New Year on a Hopeful NoteLearn more

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

**November 2018**
Housing Sentiment Up Slightly on Reported Household Income GainsLearn more

**October 2018**
Housing Sentiment Continues Downward Trend Despite Favorable EconomyLearn more

**September 2018**
Housing Sentiment Dips Slightly on Interest Rate ConcernsLearn more

**August 2018**
No Thanks to Housing, Home Purchase Sentiment Edges UpLearn more

**July 2018**
Home Purchase Sentiment Hits Plateau as High Home Prices Stymie Trade-Up ConfidenceLearn more

**June 2018**
Momentum in Consumer Housing Confidence SlowsLearn more

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

**April 2018**
Housing Confidence Hits New All-Time HighLearn more

**March 2018**
Housing Sentiment Remains Volatile, Edges Back UpLearn more

**February 2018**
Housing Confidence Falls, Remains VolatileLearn more

**January 2018**
Housing Sentiment at New Survey High on Higher Home Price ExpectationsLearn more

**December 2017**
HPSI Dips, Ends 2017 on a Cautious NoteLearn more

**November 2017**
HPSI Returns to Gradual Upward Trend with November JumpLearn more

**October 2017**
HPSI Dips on Diminished Home Buyer and Seller SentimentLearn more

**September 2017**
Overall Housing Confidence Up on Rising Renter OptimismLearn more

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

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

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

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

**April 2017**
Housing Sentiment in April Rebounds Following March DipLearn more

**March 2017**
Housing Confidence Dips Amid Robust Home Price Gains and Rising Rate ExpectationLearn more

**February 2017**
Consumer Confidence in Housing Hits All-Time HighLearn more

**January 2017**
Rosier Economic Sentiment Boosts Housing Attitudes in JanuaryLearn more

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

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

**October 2016**
Consumer Pessimism On Display as Home Purchase Sentiment Index Drops AgainLearn more

**September 2016**
Consumers Show Increased Caution in Home Purchase Sentiment in SeptemberLearn more

**August 2016**
Home Purchase Sentiment Index Retreats Slightly, but Gradual Upward Trend ContinuesLearn more

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

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

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

**April 2016**
Home Purchase Sentiment Index Increases to 83.7 in AprilLearn more

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

**February 2016**
Home Purchase Sentiment Index Increases to 82.7 in FebruaryLearn more

**January 2016**
Home Purchase Sentiment Index Decreases to 81.5 in JanuaryLearn more

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

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

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

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

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

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

**June 2015**
Consumer Attitudes on Housing May Signal Healthier Purchase Market AheadLearn more

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

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

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

**February 2015**
Consumer Optimism Toward the Economy Reaches New All-Time Survey HighLearn more

**January 2015**
Consumers Positive Financial Attitudes a Good Sign for HousingLearn more

**December 2014**
Consumers Not Ready to Move on Housing Despite Improved Outlook on EconomyLearn more

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

**October 2014**
Americans' Personal Finance Sentiment Strengthens, Housing Optimism Follows SuitLearn more

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

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

**July 2014**
First Phase of Housing Recovery Decelerates as Consumer Caution ContinuesLearn more

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

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

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

**February 2014**
Housing Recovery Expected to Press On Despite Recent Volatility in Consumer AttitudesLearn more

**January 2014**
Consumers Positive About Access to Mortgage Credit; Views Toward Economy ImprovingLearn more

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

**November 2013**
Cautious Consumers Stalling Housing MomentumLearn more

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

**September 2013**
Consumers in Cautionary Holding Pattern as Fiscal Policy Debate UnfoldsLearn more

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

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

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

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

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

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

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

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

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

**November 2012**
Improving Consumer Attitudes Suggest Continued Strength in Housing Market; More Americans Believe Economy Headed in Right DirectionLearn 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 SalesLearn 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 HighsLearn 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 ClimbLearn more

**July 2012**
Consumer Expectations on Housing Remain Upbeat Amid Cautious Economic and Financial Outlook; Pickup in July Jobs Growth May Help Ease Americans' ConcernsLearn 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 IndicatorsLearn 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 TrendsLearn 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 IncreaseLearn more

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

**February 2012**
Consumer Attitudes About Personal Finances and Housing Stabilize Alongside Positive Economic NewsLearn more

**January 2012**
Fed Actions Drive Mortgage Rate Expectations; Consumer Home Price Expectations Continue Upward TrendLearn more

**December 2011**
Consumer Attitudes Improve in DecemberLearn more

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

**October 2011**
October Monthly Indicators Show Consumers in a Pessimistic Holding PatternLearn more

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

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

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

**June 2011**
June National Housing Survey shows key changes in Americans’ attitudes toward housing and the economy over the last yearLearn more
Page last revised: 8/7/23
  
  
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