According to a new report from Fannie Mae, a deceleration in home prices is likely in 2024, with economic growth projected to slow.
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Fannie Mae Experts Weigh in on Possibility of Economic ‘Soft Landing’
While the “if” and “when” of a recession remain uncertain, the Fannie Mae Economic and Strategic Research Group does forecast one to occur, expected to begin in the first half of 2024—despite increased chances of a “soft landing.”
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