In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a steeper drop than the 15.6 percent pullback forecast in July.
Source: Inman News
Home sales projected to fall 16.2%, Fannie Mae says in new forecast
Published in doug duncan, federal funds rate, federal reserve, home price appreciation, home prices, home sales, inflation, Jerome Powell, Markets & Economy, Mortgage, mortgage originations and mortgage rates
More from doug duncanMore posts in doug duncan »
- Most Americans weren’t expecting the big drop in mortgage rates
- BofA analysts cast doubts on prospects for 2025 sales rebound
- Housing sentiment improves on hopes for lower mortgage rates
- Falling mortgage rates should boost home sales: Fannie Mae
- Homebuyer sentiment tallies record low amid falling rates
More from federal funds rateMore posts in federal funds rate »
More from federal reserveMore posts in federal reserve »
- Homebuyers came out in force last week, and rates are trending down
- Rising unemployment revives prospects for December rate cut
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Rebounding mortgage rates dampen homebuyers’ appetites
- Fallout over Fed policymakers’ investments reshaping the board
More from home price appreciationMore posts in home price appreciation »
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Rising unemployment revives prospects for December rate cut
- Let’s fill in the economic puzzle pieces as key data goes missing
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from home pricesMore posts in home prices »
- Delistings and discounts jump as holiday season approaches
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Rising unemployment revives prospects for December rate cut
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
More from home salesMore posts in home sales »
More from inflationMore posts in inflation »
- Homebuyers came out in force last week, and rates are trending down
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Rising unemployment revives prospects for December rate cut
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Rebounding mortgage rates dampen homebuyers’ appetites
More from Jerome PowellMore posts in Jerome Powell »
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Fallout over Fed policymakers’ investments reshaping the board
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- Heard of a K-shaped economy? You’re living in it now
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from mortgage originationsMore posts in mortgage originations »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Wells Fargo free to grow again after Fed lifts $1.95T asset cap
- Lower rates could bring more home sales: Fannie Mae forecast
- LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
- Focus on homebuyers helps Guild swing to $97M 2024 profit
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
Be First to Comment