Tag Archives: GDP

“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.

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.

Due to a litany of factors, Fannie Mae cut their predictions for origination activity, total sales, and GDP for 2022 and 2023.

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.

The total value of homes in the U.S. is larger than the GDP of two global economies. Click through to find out.

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 ...

Despite home building and remodeling's drag on economic growth, real GDP growth exceeded expectations in Q2 2019.

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.

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.

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.