Fannie Mae Releases New Monthly Indicators
By Fannie Mae, PRNEWednesday, July 6, 2011
WASHINGTON, July 7, 2011 -
- Provides Timely Insights into
Key Consumer Attitudes Driving Housing Decisions
- Monthly Survey Report Assesses Opinions about Owning a Home,
Renting a Home, and Household Finances
Fannie Mae’s (OTC Bulletin Board: FNMA) new monthly national
consumer attitudinal survey report provides eleven indicators
offering a window into the opinions of Americans across the
country. These behavioral insights convey
what consumers think about the outlook for owning and
renting a home and about their household finances, and
may serve as key inputs for determining the future course of
investment across housing types.
The most detailed attitudinal survey of its kind, the Fannie Mae
National Housing Survey polls 1,000 Americans each month via live
telephone interview to assess their attitudes toward owning and
renting a home, mortgage rates, homeownership distress, household
finances, and overall consumer confidence. Homeowners and renters
are asked more than 100 questions used to track attitudinal shifts
(findings are compared to the same survey conducted monthly
beginning June 2010). Fannie Mae conducts this survey and shares
monthly and quarterly results so that we may help industry partners
and market participants target our collective efforts to stabilize
the housing market in the near-term, and provide support in
the future.
“Our survey data on key aspects of the housing environment and
Americans’ household financial situations offer a comprehensive
view of the marketplace that hasn’t existed previously,” said Doug
Duncan, Vice President and Chief Economist of Fannie Mae.
”There’s been strong interest across the industry for a
monthly consumer attitudinal data set of this size. The data have
only a very short lag from collection to delivery and at present
show how sensitive consumers are to contemporaneous events. We see
a continued lack of confidence among consumers on home prices, the
ability to sell their homes, and the state of their personal
finances - all of which point to housing as a continued downside
risk to economic growth going forward.”
For detailed findings from the June 2011 survey, as well as
technical notes on survey methodology and the questions asked
of respondents associated with each monthly indicator, please visit
the Fannie Mae Monthly National Housing Survey site at
Also available on the site are quarterly survey results, which
provide a detailed assessment of combined data results from three
monthly studies.
The June 2011 Fannie Mae National Housing Survey was conducted
between June 1, 2011 and June 28, 2011. Interviews were
conducted by Penn Schoen Berland, in coordination with Fannie Mae.
Forthcoming Fannie Mae National Housing Survey Monthly Reports will
be released on or around the seventh day of every month.
Fannie Mae exists to expand affordable housing and bring
global capital to local communities in order to serve the
U.S. housing market. Fannie Mae has a federal charter and
operates in America’s secondary mortgage market to enhance the
liquidity of the mortgage market by providing funds to mortgage
bankers and other lenders so that they may lend to home buyers. Our
job is to help those who house America.
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Pete Bakel of Fannie Mae, +1-202-752-2034
Tags: District of Columbia, Fannie Mae, July 7, Washington
