Forecast - Monthly Archive
We provide access to previously published Economic & Housing Outlooks.
June
Fannie Mae Publishes June 2026 Economic and Housing Outlook
May
Fannie Mae Publishes May 2026 Economic and Housing Outlook
April
Fannie Mae Publishes April 2026 Economic and Housing Outlook
March
Fannie Mae Publishes March 2026 Economic and Housing Outlook
February
Fannie Mae Publishes February 2026 Economic and Housing Outlook
January
Fannie Mae Publishes January 2026 Economic and Housing Outlook
December
Fannie Mae Publishes December 2025 Economic and Housing Outlook
November
Fannie Mae Publishes November 2025 Economic and Housing Outlook
October
Fannie Mae Publishes October 2025 Economic and Housing Outlook
September
Mortgage Rates Expected to Move Below 6 Percent by End of 2026
August
Housing Sales Projected to Remain Steady Through 2025
July
Mortgage Rate and Home Price Growth Forecasts Revised Lower
June
Existing Home Sales Forecast Revised Lower in Latest Outlook
May
Home Sales Forecast Upgraded in May Outlook
April
Forecast for Housing Activity Revised Slightly in April Outlook
March
Mortgage Rates Expected to Move Lower in 2025 and 2026
February
Economy Enters 2025 on Strong Footing as Markets Digest Policy Uncertainty
January
Higher Mortgage Rates Likely to Keep Existing Home Sales Near Multi-Decade Lows
December
Housing Market Unlikely to Thaw in 2025 Due to Affordability Challenges and ‘Lock-in Effect’
November
Recent Rate Run-Up Expected to Keep Existing Home Sales Near Historic Lows Through 2025
October
U.S. Economic Footing Firmer Than Previously Thought, Projected to Expand 2.3 Percent in 2024
September
Existing Home Sales on Pace to Hit Nearly 30-Year Low, Despite Recently Lower Rates
August
Sluggish Home Sales Expected as Consumers Hold Out for Improved Affordability
July
Home Price Growth Expected to Moderate as Listings Outpace Sales
June
Unaffordability Expected to Remain Primary Constraint on Home Sales
May
Higher Rate Environment Projected to Dampen Housing Activity Through 2024
April
Hot Economy, Inflation Likely to Keep Rates ‘Higher for Longer’
March
Higher Mortgage Rate Forecast Leads to Decline in 2024 Home Sales Expectations
February
Housing Activity Expected to Pick Up in 2024 as Rates Move Lower
January
Mortgage Rates Expected to Dip Below 6 Percent in 2024, Boosting Home Sales
December
Home Sales, Mortgage Originations Likely to Begin Slow Recovery in 2024
November
Economy Expected to Slow in 2024, Rebound in 2025
October
Jump in Long-Term Interest Rates Expected to Weigh on Economy
September
Mild Recession Remains Likeliest Outcome as Inflation and Labor Markets Cool
August
Sticking the 'Soft Landing' Remains a Difficult Task
July
Inflation is Slowing, But Fully Quelling It Will Be Tough
June
Mixed Data Complicates Economic Forecast, though Recession Remains Likely
May
Recession Remains Likely as Credit Conditions Tighten
April
Economy Resumes Gradual Slowdown Following Bank Turmoil
March
Banking System Instability May Prove Catalyst for Recession
February
Economy Off to Surprisingly Strong Start in 2023, But It’s Not Expected to Last
January
Housing Sector Awaits Improvement in Affordability; Modest Recession Still Expected
December
Economy Expected to End 2022 on Positive Note Ahead of Modest Recession in New Year
November
Economy Still Expected to Enter (and Exit) Modest Recession in 2023
October
Economy Expected to Contract Further in 2023, as the Fed Appears Resolved to Tame Inflation
September
Economic Indicators Continue to Point to Likely Recession in 2023
August
Economy Constrained by Competing Effects of Elevated Inflation and Strong Labor Market
July
Economic Growth Stagnating as Record Inflation Persists
June
Elevated Inflation, Higher Interest Rates Expected to Take Toll on Consumer Spending
May
Rapidly Rising Rates and Persistent Inflation Further Soften Economic Outlook
April
Economic Growth Forecast Downgraded as ‘Soft Landing’ Appears Increasingly Unlikely
March
Inflation and Russia’s Invasion of Ukraine Expected to Take Toll on U.S. Economy and Housing Sector
February
Economic Growth Expected to Slow as the Fed Wrangles Inflation
January
The Economy and Housing to Turn Toward 'New Normal' in 2022
December
Economy Finishes 2021 Strong; Inflation is Top Risk Concern for 2022
November
Inflation Remains Primary Macroeconomic Concern, as Fed Contemplates Additional Action
October
Economic Growth Again Revised Downward Due to Supply Chain and Inflation Concerns
September
Supply and Labor Constraints Continue to Hinder Economic Growth, Home Sales
August
U.S. Economy Again Limited by COVID and Supply Chain Concerns
July
Economy Transitioning from Consumer-Led Recovery to More Balanced Growth as Inflation Risks Remain
June
Inflation Risk Takes Center Stage as Strong Economic Growth Expected to Moderate
May
Economy Expected to Heat Up Through the Summer as Inflation Risks Mount
April
Rapid Acceleration in Economic Growth Expected as Social Restrictions Ease
March
Economic Growth Expected to Accelerate through Spring as COVID-19 Lockdown Restrictions Ease
February
U.S. Economy Expected to Expand at 6.7 Percent Clip in 2021
January
Economic Growth Expected to Accelerate as Vaccine Deployment Quickens and Warmer Weather Approaches
December
Economy Poised for Considerably Stronger 2021 as COVID-19 Vaccine Distribution Efforts Commence
November
U.S. Economic Health Heavily Dependent on COVID-19 Path
October
Economic Recovery Continues at Slower Pace
September
2020 U.S. Economic Forecast Upgraded Despite Heightened Risks
August
U.S. Economy Poised for Substantial Rebound Following Historic Second Quarter Contraction
July
Economic Growth Expectations Improve Slightly, Remain Tied to Broader COVID-19 Recovery
June
U.S. Economic Growth Expectations Largely Unchanged as Lockdown Restrictions Ease
May
Real GDP Growth Expected to Contract Sharply in the Second Quarter
April
Record U.S. Expansion Likely Undone by COVID-19
March
Resilience of U.S. Economy Tested by COVID-19 Outbreak and Oil Price Shock
February
U.S. Economic Resilience on Display as Coronavirus and Manufacturing Concerns Reverberate Through Markets
January
Consumers Lead Economic Expansion Toward 11th Year with Boost from Housing Construction
December
Strong Economic Data Leads to Upward Revisions in Growth Forecast
November
Economic Outlook for 2020 Upgraded Despite Prominent Downside Risks
October
Housing’s Supporting Role: Residential Fixed Investment Expected to Help Drive Economic Growth into 2020
September
U.S. Economy Reliant on Consumer Spending, Susceptible to Downside Risks
August
Downside Risks Weigh on Economy as the Fed Considers Next Steps
July
As Trade Uncertainty Drags on Growth, Strong Consumer Demand Backstops Slowing U.S. Economy
June
U.S. Economic Forecast for 2019 and 2020 Downgraded as Businesses Confront Heightened Uncertainty
May
Economy Expected to Slow Through Remainder of 2019, Despite Strong First Quarter Growth
April
U.S. Economy Still on Track to Slow in 2019
March
2019 Economic Growth Slowing, As Expected
February
Fannie Mae Holds 2019 Forecast Steady at 2.2 Percent Growth and One Fed Rate Hike
January
Slower Economic Growth Expected in 2019, but a Patient Fed Could Put Housing on Firmer Footing
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