Policy Unknowns Curb Housing Growth Expectations

All-out growth in the housing market this year is hinging on the Trump Administration’s policies, with the Fannie Mae Economic & Strategic Research Group expecting standstill wages to cripple affordability unless incomes improve.
“We expect the housing expansion to continue, albeit at a more moderate pace than last year given continued pressure on affordability,” says Doug Duncan, Fannie Mae chief economist. “Depressed inventory, particularly in the more affordable se