by Calculated Risk on 11/07/2018 02:59:00 PM
Wednesday, November 07, 2018
First Look: 2019 Housing Forecasts
Towards the end of each year I collect some housing forecasts for the following year. This is just a beginning (I'll gather many more).
The table below shows a few forecasts for 2019:
From Fannie Mae: Housing Forecast: October 2018
From Freddie Mac: Freddie Mac October Forecast: Economic Growth and Home Sales Slow as Mortgage Rates Rise
From NAHB: Economic and Housing Forecasts
From NAR: Economic & Housing Market Outlook November 2018
Note: For comparison, new home sales in 2018 will probably be around 623 thousand, and total housing starts around 1.265 million.
Housing Forecasts for 2019 | ||||
---|---|---|---|---|
New Home Sales (000s) | Single Family Starts (000s) | Total Starts (000s) | House Prices1 | |
Fannie Mae | 679 | 963 | 1,303 | 4.1%2 |
Freddie Mac | 1,350 | 4.6%2 | ||
NAHB | 639 | 885 | 1,268 | |
NAR | 623 | 3.1%3 | ||
1Case-Shiller unless indicated otherwise 2FHFA Purchase-Only Index 3NAR Median Prices |