Fannie Mae Says Homebuying Sentiment Hits New Survey Low

The Fannie Mae Home Purchase Sentiment Index decreased 2.5 points in May to 69.4 as the component measuring consumer attitudes toward homebuying conditions fell markedly, reaching a survey low.

New Home Sales Dip From September

New single‐family home sales fell 5.6% in October to a seasonally adjusted annual rate of 679,000, the Census Bureau reported Monday.