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 Mae | 669 | 903 | 1,267 | 1.5%2 |
Freddie Mac | 2.8%3 | |||
NAHB | 629 | 902 | 1,286 | |
1Case-Shiller unless indicated otherwise 2Median House Prices 3FHFA Purchase-Only Index 4NAR Median Prices |
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