Freddie Mac Forecasts Fewer Home Sales This Year
National Mortgage Profesional, Sept. 24, 2018–Phil Hall
Freddie Mac said total home sales–covering both new and existing properties–will decrease by 0.9 percent from 6.12 million in 2017 to 6.07 million this year, while single-family first-lien mortgage originations will drop by roughly 9 percent this year to $1.65 trillion and home price growth will moderate to 5.5 percent.
