Case-Shiller reported that annual house price growth exceeded 6% for the first time in over three years in August, even as mortgage applications for home purchase have edged down. Prices are being driven up by the lack of homes for sale. Yet without an unlikely, sharp loosening in lending criteria, house price inflation may now have reached its peak.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.