Tuesday, 17 May 2022 | The Latest Buzz for the Appraisal Industry

Home Sales Upgraded But Affordability Pressures Will Present Challenges in 2022

The outlook for full-year 2021 economic growth was revised upward to 5.5%, an improvement of 0.7 percentage points compared to last month’s projection, due primarily to stronger-than-anticipated consumer spending and inventory investment data, according to the December 2021 commentary from the Fannie Mae’s Economic and Strategic Research (ESR) Group. The ESR Group also adjusted downward its forecast for 2022 real gross domestic product (GDP) growth to 3.2%, noting that strong recent data likely reflects

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