US housing is booming

  • The reading matches the record of 78
  • Current single-family home sales 84 vs 78 prior
  • Sales over the next six months 78 vs 75 prior
  • Prospective buyers 65 vs 57 prior

What an incredible side-effect from the pandemic. People are leaving city apartments and buying homes. A 30-year fixed hit 2.88% this month so that has to be helping.