Fannie Mae’s October Forecast Shows Price Drops in 2023
Fannie Mae’s October forecast shows a 1.5% drop in home prices and a 21% decline in home sales for 2023. Here’s what you need to know.
October 14, 2022
Fannie Mae’s October forecast shows a 1.5% drop in home prices and a 21% decline in home sales for 2023. Here’s what you need to know.
A news release from the National Association of REALTORS® shows a decline in existing home sales for the seventh straight month, along with annual increases in median home sale prices.
With the Federal Reserve again raising the federal-funds rate and mortgage rates above 6%, the latest Fannie Mae report shows forecast changes for the 2022 and 2023 housing market.
According to a new Redfin report, 31.4% (nearly a third) of all U.S. home sales in July 2022 were all-cash purchases, up from 27.5% a year ago. Here’s what you need to know.
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