With the end of the year only weeks away, the real estate market predictions for 2020 are rolling in. The latest comes from the economic research team at Freddie Mac, the government-sponsored buyer of mortgage loans.
New Predictions for the U.S. Real Estate Market in 2020
According to Freddie Mac’s latest set of predictions, issued on October 31, the U.S. real estate market will “continue to firm” as home sales increase. In fact, they believe housing is currently one of the brighter spots in the U.S. economy.
Their chief economist, Sam Khater, said that despite a global economic slowdown the U.S. real estate market “remains on solid ground with housing starts, building permits, existing home sales, and new home sales all outperforming the broader economy.”
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