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Will Kessler Daily Caller News Foundation Mortgage applications have reached their lowest level since 1996, showing a fall in demand for new houses, while inventories have yet to recover since the COVID-19 pandemic, indicating a lack of supply. The combination of low demand and low supply could spell trouble for the housing market in the… ....
The housing market could face even greater trouble in the future as both supply and demand slip following low mortgage rate applications and a tight supply of homes. ....