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Home | Tag Archives: Consumer Confidence

Tag Archives: Consumer Confidence

Consumer Sentiment Strong; Attitudes Positive Toward Wage Gains, Homebuying

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While consumers remained positive toward homebuying conditions in the latest survey, the reason for the positive outlook has shifted – prospective homebuyers are now dependent on low mortgage rates as opposed to low home prices. In Q1 2015 surveys, the percentage of consumers citing low home prices was at its lowest level since 2006, while the percentage of consumers who cited low mortgage rates was at a 10-year high.

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