US Housing Market Data Response Existing Home Sales (Sep.) The 1.5% m/m fall in existing home sales in September showed that rising mortgage rates continued to weigh on housing market activity. Given the recent step-down in mortgage applications as mortgage... 20th October 2022 · 2 mins read
US Housing Market Data Response Existing Home Sales (Aug.) We doubt the smaller 0.4% m/m fall in existing home sales in August marks a floor for activity. Indeed, it is line with the levelling off in mortgage demand seen in July as the rise in mortgage rates... 21st September 2022 · 2 mins read