Fannie Mae released its Home Purchase Sentiment for April, which signaled a rebound following the March dip. The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 2.2 percentage points in April to 86.7. The report saw five of the six components within the index increase. The net share of Americans who reported that now is a good time to buy a home increased 5 percentage points, while those who felt is a good time to sell declined five percentage points. Digging deeper into the data, consumers also expressed confidence about the stability of their jobs.

Job openings increased modestly in March as the labor market continues to strengthen. The JOLTS, Job Openings and Labor Turnover Survey, report showed that there were 5.7 million openings on the last day in March increasing by 118,000. The report is closely watched by Fed Chair Yellen. Job openings were seen in the professional and business sectors along with state and local government education, while declines were seen in mining and logging.

Home foreclosures declined to their lowest level since 2007 as the housing sector continues to improve. CoreLogic reports that mortgages delinquent by 30 days or more, including those in foreclosure, made up 5% of the market share in February. CoreLogic went on to report that as of February 2017, the foreclosure inventory rate, which measures the share of mortgages in some stage of the foreclosure process, was 0.8% compared with 1.1% in February 2016. The serious delinquency rate, defined as 90 days or more past due including loans in foreclosure, was 2.2% in February 2017, down from 2.8% in February 2016.