US home sales to continue rising in 2020

U.S. home sales expected to continue rising in 2020

Freddie Mac, Fannie Mae and the Mortgage Bankers Association project a significant increase in US home sales in 2020.

Freddie Mac (Federal Home Loan Mortgage Corporation) and Fannie Mae (Federal National Mortgage Association - FNMA) are U.S. government guaranteed enterprises (GSE) authorized to provide loans and guarantees.

Mortgage Bankers Association is the US national association representing all aspects of the real estate finance industry.

The chart below outlines each entity's projections for the years 2019 and 2020.

Home sales increase in 2020

As we can see, Freddie Mac, Fannie Mae and Mortgage Bankers Association believe that home sales will increase significantly next year.

Source: Keeping Current Matters

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