🟧 US Homebuyer Sentiment Declines Sharply

Consumer Confidence Index: Dropped to 4.1 points in August, the lowest in 11 years.

🟧 Second weakest reading since the post-2008 Housing Bubble burst.

Home Purchasing Plans: The 6-month average declined to a 12-year low.

🟧 Mortgage demand reached the lowest level since 1995.

Home Prices: Continue to rise, making buying a home a luxury.

#RealEstate #HousingMarket #Economy