Homebuyer Sentiment Rises Slightly Despite Ongoing Concerns About Prices, Rates
• Share of consumers expecting mortgage rates to fall hit a survey high of 31% in December, up from 22% in November
• Home purchase sentiment index rose 2.9 points to 67.2 in December, but remains low overall
• 83% still think it's a bad time to buy a home, down slightly from 85%
• Share who think home prices will go up fell to 39% from 41%
• If rates fall as expected, more homeowners may list homes for sale, helping increase supply