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Fannie Mae: Consumers not confident on housing investment

HousingWire, By Trey Garrison

Americans are becoming more optimistic about the economy, but consumer confidence toward the housing market is lagging, according to results from Fannie Mae’s December 2014 National Housing Survey.

Likely bolstered by a strengthening employment sector, the share of consumers who believe the economy is headed in the right direction improved by 5 percentage points to 41%. Those citing that the economy is heading in the wrong direction declined to 51%, the fifth consecutive monthly decrease.

Read the full article: Fannie Mae: Consumers not confident on housing investment