Monday, June 17, 2013

Confidence in Housing Market Spikes

In May, Americans got a lot more optimistic about the housing market.
Sunny housing outlook image via Shutterstock.Both the share of Americans who believe now is a good time to sell and the share of Americans who think now is a good time to buy rose sharply from April to May, with widespread reports of rising home prices, according to Fannie Mae.
The share of respondents who say now is a good time to sell jumped 10 percentage points in May, rising from 30 to 40 percent on a monthly basis, according to the results of Fannie Mae’s May 2013 National Housing Survey.
- View the rest of the article here

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