The start to the holiday season has brought with it a surge in demand from homebuyers. So reports The Real Deal.

The Mortgage Bankers Association announced that its seasonally adjusted purchase index rose 9% for the week ending November 27.

“Housing demand remains strong, and despite extremely tight inventory and rising prices, home sales are running at their strongest pace in over a decade,” Joel Kan, MBA’s chief industry forecaster, said in a statement.

Read the full article from The Real Deal. 

Source: themortgageleader.com