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Housing Sentiment Still Optimistic, but Losing Momentum

Americans may still feel it is a good time so sell a home and a so-so one for home purchases, but, in June at least, they were feeling a little edgy about their job security.  Fannie Mae says its Home Purchase Sentiment Index, a measure based on results from the National Housing Survey (NHS), declined last month from new survey highs reached in April and May. The Index was down 1.6 points to 90.7 in June, the drop attributed to four of the six components that go into its calculation. The Index is 2.4 points higher than in June 2017.




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