“Home sales are projected to hit a trough in Q2 2023, at a selling pace of 4.27 million annualized units, as the full effect of higher mortgage rates and the projected recession take hold,” according to a new Fannie Mae forecast.
Read More »Recession by 2023? Fannie Mae Weighs In
Over the last few weeks, markets have increasingly—and perhaps reluctantly—reflected the resolve of the Fed to lower inflation via rapid tightening of monetary policy," said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »Report: Origination Activity to Total $2.7 Trillion in 2022
Due to a litany of factors, Fannie Mae cut their predictions for origination activity, total sales, and GDP for 2022 and 2023.
Read More »Supply Chain, Fuel Prices Weigh on Economy
The speed at which the labor market recovers impacts the economy’s output potential. Short-term energy prices can also impact its growth potential, inflation, and interest rates.
Read More »Just How High Have Home Values Climbed?
The total value of homes in the U.S. is larger than the GDP of two global economies. Click through to find out.
Read More »Housing’s Impact on the GDP
Although Q2 2019’s GDP growth of 2.1% exceeded expectations, housing’s share of the GDP declined to 14.6%, according to the National Association of Home Builders (NAHB). Recording its ...
Read More »Home Building Drags as GDP Increases
Despite home building and remodeling's drag on economic growth, real GDP growth exceeded expectations in Q2 2019.
Read More »The GDP Report’s Impact on the Fed
Friday’s release of the gross domestic product could have a large impact on the Fed’s decision to slash interest rates on July 31.
Read More »Good News for GDP Growth, But Will Housing Benefit?
New data from the Bureau of Economic Analysis brings good news for the economy, but here’s how industry experts say the housing market will be affected.
Read More »Freddie Mac Economist Foresees Housing Market “Thaw”
How will home sales perform this spring? A report by Freddie Mac looks at the factors that could drive home sales as homebuyer confidence rises.
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