According to the Fannie Mae housing forecast for 2020, new housing is projected to increase 10% in the United States. That means a busy year for homebuilders. A recent article for Forbes takes a look at housing predictions for the coming year. Some key statistical takeaways include:
So what does this mean for builders? Good news. Home prices are expected to continue rising in 2020, as demand is still high. For more details, read the article in full at Forbes.