New home lending fell an unexpected 3.9% in January, confounding economists' expectations and paving the way for a subdued housing market this year. Loan volumes and values both declined, likely keeping housing values from rising substantially.
The slower rate of dwelling price appreciation represents convergence back towards subdued trends in mortgage activity.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: