Fannie Mae’s monthly housing survey has found that the share of U.S. consumers who think it’s a bad time to buy a home has hit a record high of 79%. So reports MarketWatch.
Fannie Mae’s Home Purchase Sentiment Index, meanwhile, slipped 0.3 points to 68.2 in May.
On top of all that, 77% of consumers last month said the economy was on the “wrong track,” compared to 61% in April.
Read the full article from MarketWatch.