Housing Fundamentals Remain Solid and Our Housing (HFA) Sector Outlook Remains “Stable” to Begin 2021
The national housing market was solid in 2020 and positive momentum in sales and property price appreciation is expected to continue in 2021.
We are keeping a “Stable” sector outlook on the Housing sector to begin 2021.
State Housing Finance Agency (HFA) single family program credit quality will remain strong despite COVID-19 related setbacks like higher rates of forbearance.
The multifamily sector is on a path toward recovery and federal fiscal relief could boost loan performance.