Fannie Mae Weighs in on the Housing Market

Housing sentiment moved up for the first time since May, according to the August 2018 Home Purchase Sentiment Index (HPSI) from Fannie Mae, a distillation of consumers’ home purchase sentiment from Fannie Mae’s National Housing Survey. The HPSI was 88 points in August, up 1.5 points month over month, and unchanged year over year.