Summary
This document is a housing market forecast report for August 2025, detailing projections for total housing starts, home sales, and mortgage originations. It presents data on total housing starts, including single-family and multifamily units, along with year-over-year percentage changes. The report outlines total home sales figures, distinguishing between new single-family homes and existing homes, and provides corresponding year-over-year changes. Additionally, it includes information on mortgage originations, breaking down the numbers into purchase and refinance categories, along with the refinance share percentage. The report notes that all mortgage originations data are estimates from Fannie Mae, as there is no universal source for market-wide originations data. It also includes a disclaimer regarding the reliability of the information and the potential for changes in forecasts based on varying assumptions. The sources of the data include the Census Bureau, National Association of REALTORS®, and Freddie Mac.
