The 4.1% m/m rise in mortgage applications for home purchase in September does nothing to change the fact that mortgage demand has stalled since the start of the year. A lack of inventory is constraining demand for mortgages, a situation which is unlikely to improve any time soon.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services