Housing is on the big up for the same reason the stock market is... because .govie is buying assets. In the case of housing, it's mortgage backed securities. Over $1T in the last year alone. Hope lenders aren't getting too loose with their money again!

[Linked Image]

https://fred.stlouisfed.org/series/WSHOMCB

Last edited by copperking81; 04/12/21.