Saturday, 21 May 2022 | The Latest Buzz for the Appraisal Industry

Supply and Labor Constraints, Rising Inflation Affect Home Sales and Mortgage Rates

For the second month in a row, expectations for near-term real GDP growth have been revised downward – and outward – due to persistent supply chain disruptions and labor market tightness, according to the September 2021 commentary from Fannie Mae’s Economic and Strategic Research (ESR) Group.

The ESR Group now projects full-year 2021 real GDP growth to clock in at 5.4%, down from its previous forecast of 6.3%, anticipating instead that much of the

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