WebJun 16, 2024 · For new construction, we forecast 2024 housing starts to be 17.2 percent higher than in 2024, compared to our prior forecast of a 19.3 percent gain. Even with the downgrade, this still represents the fastest construction pace since 2013. However, due to stronger recent incoming data, our overall 2024 mortgage originations forecast was little ... WebMar 10, 2024 · March 10, 2024 Note: Interest rate forecasts are based on rates from February 26, 2024. Note: All mortgage originations data are Fannie Mae estimates as there is no universal source for market-wide originations data. Note: FHFA Purchase-Only Index and median home price forecasts are updated on the first month of every quarter.
Forecast Fannie Mae
WebApr 11, 2024 · Fannie Mae and Freddie Mac forecast the housing market to remain “solid” and “resilient” for the near term, but higher mortgages, inflation and a possible recession next year will slow the market down the road. Both of the enterprises released economic forecasts last week that continue previous warnings of declining mortgage volume. WebAug 17, 2024 · We now expect Q3 gross domestic product (GDP) to grow at an annualized pace of 27.2 percent and have upgraded our full-year 2024 forecast to a 3.1 percent decline, up from our prior forecast of a 4.2 percent contraction. Second quarter real GDP declined 32.9 percent on an annualized basis as the economy felt the brunt of … the signature at mgm grand tower 3
Continued Supply Constraints Inhibiting Economic Growth ... - Fannie Mae
WebNote: Interest rate forecasts are based on rates from December 30, 2024; all other forecasts are based on the date above. Note: All mortgage originations data are Fannie Mae estimates as there is no universal source for market-wide originations data. Note: The Fannie Mae HPI forecast is updated on the first month of every quarter. WebNov 21, 2024 · The housing market and greater economy are expected to grow in 2024 after a "mild downturn" in 2024, according to a monthly forecast from Fannie Mae. "The economy continues to slide toward a modest recession, which we anticipate will begin in the new year, with housing leading the slowdown," Doug Duncan, Fannie Mae's chief … WebAug 19, 2024 · The Census Bureau’s estimated multifamily starts has averaged 453,500 units for the first half of 2024, which includes condominiums and two- to four-unit properties. This is quite the robust increase compared to the 408,000 units started during the first half of 2024. Fannie Mae forecasts that multifamily starts will increase by more than 14% ... the signature at mgm grand tower 2