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But a lackluster market could push would-be buyers into renting next year
Investor home purchases fell 2.3%, while condo purchases declined to their lowest level in three years.
Yet, dramatic revisions to Fannie Mae forecasts for 2025 signal more difficult mortgage conditions ahead
Sales optimism at a two-and-a-half-year peak reflects builders' belief that an administration change “will result in significant regulatory relief for the industry,” the NAHB Chair said.
74% of homeowners and renters struggle to afford monthly payments
Early homebuying activity has reached its highest level in year-and-a-half
