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Purchase demand fell below pre-pandemic levels last month, Black Knight says.
Acquisition by ICE continues to move forward, company said.
ATTOM and Black Knight both report that home equity shot up parallel with soaring home values.
Black Knight Mortgage Monitor Report says home listings rose 22% while price growth slowed 2%.
Black Knight’s First Look report for June said that these levels still remain below pre-pandemic levels.
As of May 19, the share of median income required to make the P&I payment had climbed to 33.7%, just shy of the 34.1% high reached in July 2006.