January 20, 2020

Real estate loans rose at a 3.9% pace in December after  having risen 5.5% in November (the light blue bars).   Over the course of the past year mortgage lending has risen 4.0% (the dark blue line).

Total loan growth in the past year has been slightly faster at 4.4% which is both a steady and sustainable pace.

Stephen Slifer

NumberNomics

Charleston, SC