"The group also revised its real gross domestic product (GDP) growth outlook for 2025 and 2026 to 1.5% and 2.1% on a Q4/Q4 basis, compared to the prior forecast of 1.1% and 2.2%, respectively. The group's September 2025 Economic Developments, released on Tuesday, forecasts the Consumer Price Index (CPI) to rise 3.1% Q4/Q4 in 2025, compared to its August forecast of 3.3%."
"The CPI outlook for 2026 is 2.6%, unchanged from the group's prior forecast. Core CPI is expected to rise 3.2% Q4/Q4 in 2025 (3.3% previously) and 2.7% in 2026 (2.6% previously). Fannie Mae revised its total home sales outlook for 2025 to 4.72 million, compared to 4.74 million previously forecasted. Its 2026 home sales projection is 5.16 million, compared to 5.23 million previously."
Fannie Mae revised its real gross domestic product (GDP) growth outlook to 1.5% for 2025 and 2.1% for 2026 on a Q4/Q4 basis, up from prior forecasts of 1.1% and 2.2% respectively. The Consumer Price Index (CPI) is projected to rise 3.1% Q4/Q4 in 2025, down from an earlier 3.3% forecast, and to rise 2.6% in 2026, unchanged from the prior outlook. Core CPI is forecast at 3.2% Q4/Q4 for 2025 (previously 3.3%) and 2.7% for 2026 (previously 2.6%). Total home sales are revised to 4.72 million in 2025 (down from 4.74 million) and 5.16 million in 2026 (down from 5.23 million).
Read at www.housingwire.com
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