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Wednesday, November 06, 2019

First Look: 2020 Housing Forecasts

by Calculated Risk on 11/06/2019 02:33:00 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 2020:

From Fannie Mae: Housing Forecast: October 2019

From Freddie Mac: Freddie Mac October Forecast: Housing Market Remains Strong While Economic Slowdown Looms

From NAHB: Economic and Housing Forecasts

Note: For comparison, new home sales in 2019 will probably be around 633 thousand, and total housing starts around 1.243 million.

Housing Forecasts for 2020
New Home Sales (000s)Single Family Starts (000s)Total Starts (000s)House Prices1
Fannie Mae6699031,2671.5%2
Freddie Mac

1Case-Shiller unless indicated otherwise
2Median House Prices
3FHFA Purchase-Only Index
4NAR Median Prices