Fannie Mae's Economic and Strategic Research $(ESR.AU)$ Group has released its August 2025 Economic and Housing Outlook, projecting a steady housing sales market through 2025. The report forecasts total home sales at 4.74 million units, a slight decrease from the previous estimate of 4.85 million units. Existing home sales are expected to reach 4.09 million units, up from 4.06 million units in 2024. Mortgage rates are anticipated to close 2025 at 6.5 percent and 2026 at 6.1 percent, reflecting modest upward revisions from July's predictions. The ESR Group emphasizes that these projections are based on various assumptions and are subject to change, highlighting the uncertainty in predicting future market conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fannie Mae - Federal National Mortgage Association published the original content used to generate this news brief on August 19, 2025, and is solely responsible for the information contained therein.