Fannie Mae Panel Expects Slower Home Price Growth in 2025 and 2026

Posted on April 15, 2025

On Tuesday, Fannie Mae released the results of its Home Price Expectations Survey (HPES) for Q1.

Following national home price growth of 5.8% in 2024, a panel of more than 100 housing experts forecasts home price growth to average 3.4% in 2025 and 3.3% in 2026.

The panel’s latest estimates of national home price growth represent revisions from the 2024Q4 expectations of 3.8% for 2025 and 3.6% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).

The HPSE is produced in partnership with Pulsenomics, LLC., an independent research and index product development firm.

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