GS Housing Market Activity Scale

The GS Housing Market Activity Scale held steady at 4 for the week of June 14, reflecting mixed data where lower mortgage rates and price gains offset a softening in purchase applications and home sales.

Key Takeaways

• 1.The GS Housing Market Activity Scale remained flat at a reading of 4 for the week of June 14.
• 2.Mixed housing data: a 3% sequential decline in purchase applications and 1% drop in sales were offset by a 1% gain in median sale prices and lower mortgage rates.

Table of Contents

• Key Findings
• Mortgage Market Update
• Disclosure Appendix

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