Homebuyer Interest Surpasses 2019 Levels. Here’s What It Means for a Real Estate Recovery

Barron’s, May 27, 2020–Shaina Mishkin
The result is a sign of a V-shaped housing recovery, said Joel Kan, the Mortgage Bankers Association’s associate vice president of economic and industry forecasting. “We’ve sort of seen the turning point, quote-unquote, as far as going from a negative to positive change,” Kan said. “But I think this is sort of a different fork in the road, because it remains to be seen whether this can be sustained going forward.”