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A plurality of potential homebuyers believes that it still isn’t the right time to pull the trigger on homebuying, according to Fannie Mae’s latest Home Purchase Sentiment Index (HPSI). The data highlights a number of troublesome trends, the most eyebrow-raising of which is that respondents’ perception of home-buying conditions continues to linger near its all-time…
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The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q3, posting a reading of 63, down two points compared to the previous quarter. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each question is measured on…
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