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DataDigest: Breaking down housing economists’ 2024 forecasts

Housing Wire

They may find that relief for mortgage rates next year, according to forecasts from various industry experts compiled by HousingWire. Sales, however, may see only mild improvement in the year ahead, while prices will remain more or less historically high, the forecasters believe. Mortgage rates going down will be a clear positive sign.”

Sales 466
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Fannie Mae continues to forecast modest downturn in 2024

Housing Wire

Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest downturn in 2024. HousingWire last week analyzed several of the 2024 industry forecasts. The group projects a return to growth in 2025. million to 5.07

Land 427
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Expert Home Price Forecasts for 2024 Revised Up

Keeping Current Matters

Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.

Marketing 287
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HW+ Virtual 2022 Forecast Event

Housing Wire

Forecasts take on a new meaning this year as we enter our second year of economic forecasting in a COVID-19 world. This 2022 forecast event brought together some of the top economists and researchers in the housing space, equipping attendees with the insights and data they need to navigate the year ahead.

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Better.com forecasts another rough quarter

Housing Wire

And the forecast looks even worse for the fourth quarter, documents show. The post Better.com forecasts another rough quarter appeared first on HousingWire. According to an S-4 filed by Aurora Acquisition Corp. Exclusive access to the HW+ Slack community and virtual events. HousingWire Magazine delivered to your home or office.

Sales 496
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Fannie Mae increases 2021 economic growth forecast

Housing Wire

Fannie Mae ‘s latest forecast projects economic growth to hit 5.3% The forecasted growth is significantly more than the revised numbers for 2020, which Fannie Mae projects will end up as a 2.7% Freddie Mac forecasted the 30-year fixed-rate mortgage to be 2.9% in 2021, an increase of 0.8 contraction. trillion in 2020.

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Fannie Mae cuts 2022 industry forecast (again)

Housing Wire

million homes are expected to sell in 2023, down from the prior forecast of 5.42 Regarding the overall economy, Fannie Mae marginally downgraded the GDP forecast for 2022 to 1.2%, from the 1.3% The post Fannie Mae cuts 2022 industry forecast (again) appeared first on HousingWire. Total home sales are expected to fall 13.5%