Fannie Mae HPSI shows consumer sentiment remains flat

Fannie Mae’s November Home Purchase Sentiment Index showed consumer sentiment toward homebuying and home selling has remained relatively flat month-over-month. Compared with the same time last year, the index is down 5.3 points.

Consumers expressed pessimistic views relating to the economy, with a record-setting majority saying it is on “the wrong track.”

For details from the survey, read on.