Home Price Projections Pop–Despite Decades-High Mortgage Rates. Cause to Celebrate?

A champagne bottle is being opened with a cork.

Results from the latest (Q3) edition of the Home Price Expectations Survey are now available. The survey was conducted by Pulsenomics July 31 – August 14th. A notable takeaway: the significant shift among our panelists recently in their outlook for 2023 U.S. housing market performance. The quarter-to-quarter change in near-term home price expectations (+3.7 points) is…

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Renters’ Home-buying Sentiment Turns Negative

A for sale sign in front of a house.

The latest update to the Pulsenomics Transaction Sentiment Index (TSI) shows that home-buying sentiment nationwide is continuing its multi-year downward trend. TSI is the only measure of its kind that scores and tracks home-buying and home-selling mindsets by tenure category and metro market. It shows that among renter households, buying sentiment has fallen further into…

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