High U.S. Home Prices Cut Both Ways, Dilemma for Repeat Buyers

High U.S. Home Prices Cut Both Ways, Dilemma for Repeat BuyersThe Fannie Mae Home Purchase Sentiment Index, which measures views toward owning and renting a house, rose 0.6 point to 92.3 in May to a fresh all-time survey high. Against a backdrop of elevated property values, more Americans on net said that now is a good time to sell, while the share who said it was a good time to buy was little changed. The net share of those who said selling conditions were good increased to 46 percent in May, up 14 percentage points from a year earlier, according to Fannie Mae data.




from Yahoo Finance https://ift.tt/2Hsg72U

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