Forget Low Home Sales, Bet on ETFs as Loan Applications Rise

Yahoo! Finance, June 23, 2020–Sanghamitra Saha
“Although demand certainly dropped in March and April due to the crisis, supply dropped even more, and has thus far kept home prices from declining,” said Mike Fratantoni, chief economist at the Mortgage Bankers Association in Washington. They expect that home price growth will pick up over the summer due to inadequate supply levels.