Fannie Mae on Q4: Existing home sales will be lowest since 2010
Housing Wire
NOVEMBER 22, 2023
The housing market has not hit the bottom in existing home sales yet, Fannie Mae projected. With mortgage rates having previously soared to around 8% , existing home sales will likely decline further to bottom out in early 2024. million on an annualized basis – the lowest since Q3 2010. Existing home sales declined 4.1%
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