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Expert Panel Expects Home Price Growth to Moderate

WASHINGTON , April 15, 2025 /PRNewswire/ -- 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, according to the Q1 2025 Fannie Mae (OTCQB: FNMA) Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, LLC. The panel's latest estimates of national home price growth represent revisions from last quarter's expectations of 3.8% for 2025 and 3.6% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).

The full HPES data sets are available on Fannie Mae's Research and Insights page: https://www.fanniemae.com/research-and-insights.

Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae'sEconomic and Strategic Research (ESR) Group, Pulsenomics, LLC, and the surveyed experts included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR Group represent the views of that group as of the date indicated and do not necessarily represent the views of Fannie Mae or its management.

About Fannie Mae'sHome Price Expectations Survey
Fannie Mae's Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, LLC, polls more than 100 experts across the housing and mortgage industry and academia for forecasts of national home price percentage changes in each of the coming five calendar years, with the Fannie Mae Home Price Index as the benchmark. On a quarterly basis, Fannie Mae plans to publish the latest panelist-level expectations. The Q1 2025 HPES had 108 respondents and was conducted by Pulsenomics, LLC, between February 25, 2025, and March 10, 2025.

About the ESR Group
Fannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lender groups to provide forecasts and analyses on the economy, housing, and mortgage markets.

About Pulsenomics
Pulsenomics® is an independent research and index product development firm that leverages expertise in data analytics, opinion research, financial markets, and economics to deliver insight and market intelligence to institutional clients, partners, and the public at large. To learn more, visit pulsenomics.com.

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SOURCE Fannie Mae