In September 2015, Fannie Mae released its National Housing Survey results. The responses reflected the current and future housing market sentiments and represented consumer attitudes toward buying and selling real estate.

According to this survey, now is a good time to sell your property. This may be a result of a positive home price atmosphere and an increase in consumer confidence toward the economy.

If you are looking to purchase a new home, many people believe it is a good time for buyers as well. One factor leading to this sentiment is high rental costs. When monthly rent is through the roof, it is often a driving force to home ownership. Other reasons behind this opinion may be heightened confidence in the job market and favorable perception about individual financial status.

Last month, the Home Purchase Sentiment Index reached a near record high, which was driven by positive feelings about selling and home prices. Jobs in the construction industry are being boosted as well. This means you will notice a greater housing supply. These factors are a strong base for continued upward growth in the real estate industry.

The HPSI provided other important highlights. From last year to the present, less people responded with feelings that home prices will rise over the next 12 months. Another notable fact is 55 percent of participants believe mortgage rates will increase next year. On a positive note, 84 percent of surveyed individuals have no concerns about their job statuses, and 28 percent of respondents claim their household incomes have increased.