A panel of over 100 housing experts, in Fannie Mae's Q2 2025 Home Price Expectations Survey (HPES) released on June 13, 2025, forecasts national home price growth to average 2.9 percent in 2025 and 2.8 percent in 2026.
These latest estimates represent downward revisions from last quarter's expectations of 3.4 percent for 2025 and 3.3 percent for 2026. The panel noted national home price growth of 5.3 percent in 2024.
This outlook indicates a continued moderation in home price appreciation, which can influence the valuation of Fannie Mae's mortgage-backed securities and its credit risk assessments. The trend suggests a cooling, but still positive, housing market.
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