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New Monthly Index Is All About Housing

Dec 2 2015

Initiated in September, a new monthly housing index from Fannie Mae’s Economic & Strategic Research (ESR) Group gives industry professionals a good indication of the housing market’s direction based on consumers’ views.

“The Home Purchase Sentiment Index™ (HPSI) delivers statistically meaningful insights into the next 12 months for key housing market indicators, including house prices, home sales volume, total single-family housing starts, and the volume of purchase mortgage originations,” says Steve Deggendorf, who leads survey research for ESR.

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