Housing demand resilient even with higher mortgage rates
Housing Wire
DECEMBER 14, 2024
The holiday season is here, and despite higher mortgage rates last week, housing demand is displaying some festive resilience. Typically, we expect a decrease in activity with elevated rates, but a seasonal boost is helping the purchase application data over the last month. Additionally, our pending contracts are still reflecting double-digit year-over-year growth.
Let's personalize your content