Real Estate The Ticker

Economist claims US housing demand is cooling

First, "bank-wide real estate credit has turned down again," said David Rosenberg, an economist for Gluskin Sheff.

Second, Rosenberg points out mortgage applications fell 1.3% in the week ending April 5th, and have "stagnated over the past six months." The year-over-year mortgage applications rate which was at 16% pace in January has tumbled to 3%, writes Business Insider.


Services Guide

Comments powered by Disqus