Housing Sales Projected to Remain Steady Through 2025

Core Insights - Total home sales for 2025 are projected at 4.74 million units, showing a slight decrease from the previous forecast of 4.85 million units [1] - Existing home sales are expected to reach 4.09 million units in 2025, up from 4.06 million units in 2024 [1] - Mortgage rates are anticipated to end 2025 at 6.5 percent and 6.1 percent in 2026, reflecting modest upward revisions from earlier forecasts [1] Economic and Housing Outlook - The August 2025 Economic and Housing Outlook is published by Fannie Mae's Economic and Strategic Research Group [2] - The report includes commentary on economic developments, economic forecasts, and housing forecasts [2] Research Methodology - Fannie Mae's Economic and Strategic Research Group analyzes current data, historical trends, and conducts surveys to inform their forecasts on the economy, housing, and mortgage markets [4]