Sunday, November 27, 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Projects Total Single-Family Home Sales of 4.42 Million in 2023

After rebounding at a 2.6% annualized rate in Q3 2022 on the strength of net exports, real gross domestic product (GDP) is projected to turn negative again in the fourth quarter as the temporary boost from international trade moderates, according to November 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.

The ESR Group also expects declines in residential fixed and business investment, as well as slowing personal consumption growth, to