June 2017
Fannie Mae Housing Survey
- Survey for change in home prices in next 12 months
- Survey for change in rental prices in next 12 months
- Survey for mortgage rate changes in next 12 months
- Survey for personal finances in next 12 months
- Survey for household income in next 12 months
- Survey for household expenses in next 12 months
- Survey for economy on track
- Survey for buy or rent today
- Survey on ease of getting home mortgage today
- Survey whether it is good time to buy or sell today
- Average Home Price Change Expectation in next 12 months is 3.4% and the Average 12 Month Rental Price Change Expectation is 4.8%
- Home Prices will go up in the next 12 months based on 54% responses. Home Rental Prices will go up in the next 12 months based on 58% responses. Mortgage rates will go up in next 12 months based on 57% responses
- 62% of respondents say it is a good time to buy and 64% says it’s a good time to sell. 59% says it’s easy to get a mortgage today, 67% would rather buy than rent and 50% says that economy is on the right track
- There are 17% of respondents who are concerned about losing their job over next 12 months. 28% of respondents says that their income will be higher and 49% says their financial situation will get better over the next 12 months
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