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Expectations for Improvement in Housing Sector Continue

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By Pete Bakel

 The Economy and Household Finances

• At 40 percent, the share of respondents who say the economy is on the right track increased 2 percentage points from June.

• The share of people who expect their personal financial situation to get better over the next 12 months fell 3 percentage points to 43 percent.

• The share of respondents who say their household income is significantly higher than it was 12 months ago remained steady at the survey high of 26 percent.

• At 30 percent, the share of respondents who say their household expenses are significantly higher than they were 12 months ago fell 6 percentage points from last month.

 For more information, visit www.fanniemae.com.

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