Americans are growing 'increasingly frustrated' with the economy and gloomy about the housing market, Fannie Mae survey says

Both prospective homebuyers and sellers are feeling increasingly annoyed by the housing market and the economy, according to a new survey.

Consumers surveyed were pessimistic about home-buying conditions. Only 20% said that it was a good time to buy a house. 75% said it was a bad time to buy a home. “People appear to be growing increasingly frustrated with inflation and the slowing economy,” Doug Duncan, senior vice president and chief economist at Fannie Mae, said in a statement.

One-fifth of respondents also expressed concerns about job stability in the Fannie Mae survey, which was the “highest percentage in 18 months,” Duncan said.

I gave up for a while

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