Original research and analysis on housing trends, the economy and the mortgage market
Even with slightly improving inventory conditions and relenting home price pressures, home sales this year are now expected to come in just below last year's level.
The U.S. economy accelerated in the second quarter of 2018, with real GDP growth at 4.1 percent, which was the strongest quarterly growth rate since the third quarter of 2014. More
Performance in the multifamily market remained healthy in the first half of 2018, and is expected to continue throughout the second half of 2018 and into 2019, but with continued moderation from the prior few years. More
Exceptionally low housing supply and weaker affordability slowed the housing market in the first half of 2018, but total sales activity should still slightly top year-ago levels. More
Freddie Mac research reveals that higher rents and home prices are the primary reason behind the eight percent decrease in the homeownership rate among young adults (under age 35) since the rate's peak in 2004. What does the future hold for tomorrow's young adults? More
This year's hike in mortgage rates is not having a large impact on homebuyer demand or sales, but its effect on refinancing activity will likely keep total mortgage loan originations slightly down this year. More
Opinions, estimates, forecasts and other views contained in this document are those of Freddie Mac's Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, should not be construed as indicating Freddie Mac's business prospects or expected results, and are subject to change without notice. Although the Economic & Housing Research group attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. The information is therefore provided on an “as is” basis, with no warranties of any kind whatsoever. Information from this document may be used with proper attribution. Alteration of this document is strictly prohibited. ©2018 by Freddie Mac.