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Fannie Housing Survey Logs Major Milestone

The percentage of consumers believing the economy is on the right track finally crossed paths with those who say the economy is on the wrong track in the
February edition of Fannie Mae’s National Housing Survey.  The share
of respondents who believe the economy is headed in the right direction
increased 3 percentage points to a survey high of 47 percent while the share who believe it is
headed in the wrong direction decreased 4 points to 45 percent, an all-time
survey low.

Doug Duncan, senior vice president and
chief economist at Fannie Mae said, “Continuing improvements in consumer
attitudes in this month’s National Housing Survey lend support to our
expectation that 2015 will be a year of the economy dragging housing
upward,” said.

 

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