Fannie Mae, the government-sponsored mortgage company, announced today its collaboration with research and consulting firm Pulsenomics to launch the Home Price Expectations Survey (HPES) this month. Targeting a wide range of experts from the housing industry and academia, the survey aims to provide forecasts of national home price percentage changes over the next five years.
Investors are eager to gain insights into the real estate market, and the HPES offers valuable information from over 100 industry experts. Fannie Mae plans to release the HPES results on a quarterly basis, including feedback from respondents on timely questions that will help guide the broader housing industry.
In addition to the new Home Price Expectations Survey, there are already established indicators for tracking home prices, such as the Federal Housing Finance Agency’s monthly House Price Index and S&P DJI’s CoreLogic Case-Shiller Home Price Index.