The housing sector’s resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie’s latest monthly forecast.
Source: Inman News
Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects
Published in doug duncan, economy, fannie mae, federal reserve, home prices, home sales, housing market, inflation, Markets & Economy, Mortgage, mortgage bankers association, mortgage rates and Select
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