WASHINGTON – Fannie Mae’s Economic and Strategic Research (ESR) Group released its April 2025 Economic and Housing Outlook, forecasting 4.86 million single-family home sales for 2025.
According to their projections, new single-family construction is expected to reach approximately 964,000 units this year.
The report cites revisions to the housing forecast as influenced by recent economic data and adjustments to the ESR Group’s macroeconomic expectations.
The ESR Group forecasts economic growth at 0.5% for full-year 2025 and 1.9% for 2026.
Mortgage rates are expected to end 2025 at 6.2% and 2026 at 6.0%.
The Fannie Mae Home Price Index (FNM-HPI) is projected to rise 4.1% in 2025 and 2.0% in 2026.
Visit the Economic and Strategic Research site at fanniemae.com to read the full April 2025 Economic and Housing Outlook, including the Economic Developments Commentary, Economic Forecast, and Housing Forecast.
Fannie’s Economic and Strategic Research (ESR) Group is led by Chief Economist Mark Palim. The group conducts studies on current data, analyzes historical and emerging trends, and performs surveys.
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