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#RealEstateNews #IgnoreAllYearOverYearData
Purchase Application Data up 34% year over year 😏
The Last 4 weeks
+34%
+57%
+57%
+51%
In reality, not much growth is happening, and don't forget this data will mostly be negative year over year in the 2nd half of 2021. Image
The makeup demand in the 2nd half of 2020 will create negative year-over-year data. Existing home sales finally moderating from that parabolic move last year. Still looking for some prints under 5,840,000, but in general, we should be up from last year's 5,640,000 level. Image
Again, not a very healthy housing market, as I expressed on Bloomberg recently. bloomberg.com/news/audio/202…
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