Fannie Mae Home Purchase Sentiment Index | Bemax Inc.

Fannie Mae Home Purchase Sentiment Index | Bemax Inc.

Author: Stock Day Media June 13, 2024 Duration: 0:56
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index ® (HPSI) decreased 2.5 points in May to 69.4 as the component measuring consumer attitudes toward homebuying conditions fell markedly, reaching an all-time survey low. This month, only 14% of consumers indicated that it's a good time to buy a home, down from 20% last month, while the share believing it's a good time to sell fell from 67% to 64%.

Bemax Inc. (OTC Pink: BMXC), a private label development company with a focus on disposable diapers and women's hygienic sanitary products, estimates a revenue increase of more than 70% for the fiscal year ended May 31, 2024, compared to the previous year ended May 31, 2023.

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