Purchase apps are at 2009 level: where’s the inventory?
Housing Wire
MAY 26, 2022
It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. We had roughly 300,000 more existing home sales in 2020 than in 2019 and 800,000 more in 2021. housing market.
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