Moderate Home Price Growth

Name: Housing Market Crash 1980’s Style - Fortune Mag
Uploaded: 2023-12-27T07:06:07-08:00
Duration: 1 min 6 s
Description: A positive sign for affordability is the anticipation of moderate home price growth. While inventory remains low, experts from Fannie Mae foresee a slowdown

A positive sign for affordability is the anticipation of moderate home price growth. While inventory remains low, experts from Fannie Mae foresee a slowdown in price growth. They noted that home price growth has been just under 6% in 2023 and predict slower growth closer to 2.5% in 2024 and 2025.

“On average, the panel anticipates home price growth to be 5.9% in 2023, followed by a slower increase in 2024 and 2024 of 2.4% and 2.7%, respectively.”

~ Fannie Mae’s Home Price Expectations Survey