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flag In February, US homebuying sentiment improved for the third consecutive month, with Fannie Mae's Home Purchase Sentiment Index rising to 72.8.

flag US homebuying sentiment improved for the third month in a row in February, with Fannie Mae's Home Purchase Sentiment Index rising by 2.1 points to 72.8. flag The increase is partly due to a larger share of homeowners believing it's a good time to sell, rising to 65% from 60% the previous month. flag This sentiment may lead to increased home listings, but buyer sentiment remains negative due to high mortgage rates impacting affordability. flag The improved seller sentiment could benefit the spring homebuying season, however, affordability challenges persist for buyers.

14 months ago
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