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Fannie Mae Expert Panel Forecasts Moderate Home Price Growth through 2026
ByAinvest
Friday, Jun 13, 2025 9:05 am ET1min read
A panel of over 100 housing experts forecasts home price growth to average 2.9% in 2025 and 2.8% in 2026, according to the Q2 2025 Fannie Mae Home Price Expectations Survey. The estimates represent revisions from last quarter's expectations of 3.4% for 2025 and 3.3% for 2026. Panelists also expect home price growth in the 20 largest metro-area housing markets to underperform or overperform the national average in the next 12 months.
A panel of over 100 housing experts has revised its expectations for home price growth in the United States, forecasting an average increase of 2.9% in 2025 and 2.8% in 2026, according to the Q2 2025 Fannie Mae Home Price Expectations Survey [1]. These estimates represent a downward revision from the previous quarter's expectations of 3.4% for 2025 and 3.3% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).The survey also polled panelists on their expectations for home price growth in the 20 largest metro-area housing markets, with a majority expecting these markets to underperform or overperform the national average in the next 12 months. Additionally, the survey found that there is a low probability of national year-over-year home price growth turning negative at any point through the end of 2026.
The Fannie Mae Home Price Expectations Survey (HPES) is a quarterly poll of housing and mortgage industry experts, conducted in partnership with Pulsenomics, LLC. The survey aims to provide insights into national home price trends and is an essential tool for investors and financial professionals seeking to understand the housing market's direction.
The latest HPES data set and special topic research are available on the Fannie Mae website [1]. The survey's findings are based on the opinions and estimates of the panelists and are subject to change. It is essential to note that these views do not necessarily represent the views of Fannie Mae or its management.
References:
[1] https://www.prnewswire.com/news-releases/expert-panel-expects-moderating-home-price-growth-through-2026-302480661.html
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