Fannie Mae ESR Group Releases November Economic and Housing Outlook

Posted on November 24, 2025

On Friday, the Fannie Mae Economic and Strategic Research (ESR) Group released its November Economic and Housing Outlook.

Mortgage rates are expected to end 2025 at 6.6% and 2026 at 6.0%.

Total home sales are projected at 4.73 million units in 2025 and 5.08 million in 2026.

The ESR expects home prices to rise 2.5% in 2025 and 1.3% in 2026.

Single-family mortgage originations are forecast at $1.88 trillion in 2025 and $2.34 trillion in 2026.

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