Home sales now expected to decline by 7.4 percent this year and 9.7 percent in 2023, a dramatic adjustment from March, when Fannie Mae forecast a 4.1 percent decrease in home sales this year and 2.7 percent in 2023.
Source: Inman News
‘Modest recession’ eyed in 2023, Fannie Mae economists predict
Published in economy, home prices, home sales, Markets & Economy, Mortgage, mortgage rates and recession
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