Americans starting to feel better about buying homes — sort of

Americans are starting to feel better about buying homes — sort of

  • The share of Americans who say it is a good time to buy a home increased 4 percentage points to 15 percent in January compared with December, according to a monthly survey from Fannie Mae.
  • Home price gains have been shrinking since last summer and are now rising at the slowest pace in more than six years, according to CoreLogic.
  • The share of Americans who say home prices will go up fell 1 percentage point to 30 percent.
 
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois, U.S., on Sunday, Aug. 19, 2018.
Daniel Acker | Bloomberg | Getty Images
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois, U.S., on Sunday, Aug. 19, 2018.

More consumers now see the door to homeownership slowly squeaking open, but they still think it's pretty pricey.

The share of Americans who say it is a good time to buy a home increased 4 percentage points to 15 percent in January compared with December, according to a monthly survey from Fannie Mae. The share is still down sizably from the start of 2018, when housing demand was soaring and home prices were rising at a much faster clip.

Read on at: https://www.cnbc.com/2019/02/07/americans-are-starting-to-feel-better-about-buying-homessort-of.html

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