Affordability challenges will limit growth in home sales to 0.5 percent this year — to just 4.78 million — before surging to 5.19 million in 2025, according to the latest housing forecast from Fannie Mae economists.
Source: Inman News
It will take time for falling rates to translate into sales: Fannie Mae
Published in economic forecast, economy, fannie mae, federal reserve, housing forecast, inflation, Markets & Economy, Mortgage, mortgage rates, recession and Select
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