It’s now a buyer’s market, Redfin declared recently. Not so fast, countered Fannie Mae survey results released Monday.

About 74% of consumers said it’s a bad time to buy a house, according to Fannie Mae’s national housing survey conducted in May. That’s an improvement from April, when 77% of respondents said the timing was poor for homebuying.

However, 61% of May survey respondents said it’s a good time to sell a house, compared to 58% who had that sentiment in April.

Overall, Fannie Mae’s Home Purchase Sentiment Index increased 4.3 points in May to a reading of 73.5, indicating improved homebuyer sentiment. Besides questions about general buying and selling conditions, the index factors in consumer attitudes about the year-ahead outlooks for mortgage rates, home prices and job loss concerns, as well as changes in household income over the past 12 months.

Consumers were slightly more optimistic in May about the direction of mortgage rates. About 29% said they think rates will go down over the next 12 months compared to 32% who think they will go up. That compares to 26% of April respondents who thought rates would decline versus 36% who thought they would increase.

On the flip side, the share of consumers who said getting a mortgage would be difficult increased one percentage point in May to 55%.

Home prices are expected to increase 3.1% over the next year, according to the May survey. In April, that figure stood at just 2.2%. Meanwhile, rent prices are expected to increase 6.6% over the next 12 months, which is up 0.2% from April’s prediction.

On the economic front, 22% of survey respondents expressed concerns about their job security in May versus 25% in April. Around 70% of consumers said their household income is about the same as it was a year ago, which is roughly in line with April’s survey.

While the overall economic outlook remains sour, the share of consumers who said the economy is on the right track increased four percentage points in May to 36%.