Wednesday, November 07, 2018

First Look: 2019 Housing Forecasts

by Bill McBride on 11/07/2018 02:59:00 PM

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 Mae6799631,3034.1%2
Freddie Mac

1,3504.6%2
NAHB6398851,268
NAR623

4.7%3
1Case-Shiller unless indicated otherwise
2FHFA Purchase-Only Index
3NAR Median Prices