- At 2.9 percent, the average 12-month home price change expectation continued to fall, decreasing 0.2 percent from last month.
- The share of people who say home prices will go up in the next 12 months fell by 6 percentage points to 46 percent, while those who say home prices will go down increased 4 percentage points to 10 percent.
- The share of respondents who say mortgage rates will go up in the next 12 months fell 6 percentage points from last month to 57 percent.
- The share who say it is a good time to buy a house had the biggest ever one-month change, and fell to a survey low of 65 percent.
- The average 12-month rental price change expectation increased 1 percentage point to 4.4 percent, a 12-month survey high.
- Fifty-two percent of those surveyed say home rental prices will go up in the next 12 months, remaining at the same level from last month.
- Forty-six percent of respondents think it would be easy for them to get a home mortgage today, remaining steady since January.
- The share of respondents who said they would buy if they were going to move increased slightly to 70 percent, a new survey high.
Government Shutdown And Debt Ceiling Debate A Real Downer On Consumer Economic And Housing Sentiment
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