Towards the end of each year I collect some housing forecasts for the following year. This is just a beginning (I’ll gather many more).

The table below shows a few forecasts for 2021:
From Fannie Mae: Housing Forecast: October 2020
From Freddie Mac: Freddie Mac Quarterly Forecast: Housing Market Continues to Rebound as Mortgage Rates Hover at Record Lows
From NAHB: Housing and Interest Rate Forecast, 11/10/2020
From NAR: U.S. Economic Outlook: September 2020
Note: For comparison, new home sales in 2020 will probably be around 820 thousand, and total housing starts around 1.360 million.
Housing Forecasts for 2021 | ||||
---|---|---|---|---|
New Home Sales (000s) | Single Family Starts (000s) | Total Starts (000s) | House Prices1 | |
Fannie Mae | 857 | 1,094 | 1,433 | 2.1%2 |
Freddie Mac | 2.6%2 | |||
NAHB | 843 | 986 | 1,321 | |
NAR | 950 | 1,070 | 1,430 | 4.1%3 |
1Case-Shiller unless indicated otherwise 2FHFA Purchase-Only Index 3NAR Median Prices |