> whereas others, such as the property market, show signs of recession I'm not even sure the article supports that much: > But recently, signs of an early and

> whereas others, such as the property market, show signs of recession I'm not even sure the article supports that much: > But recently, signs of an early and largely unexpected rebound have emerged, prompting concerns that higher rates are not having the desired effect. New-home sales jumped in January to a ten-month high. Surveys gauging the confidence of both homebuilders and homebuyers have improved. America’s property companies have reported more visitors to their show homes. “We have seen the momentum build week after week,” notes Sheryl Palmer, chief executive of Taylor Morrison, one of the country’s biggest homebuilders. It seems more like the property market is doing unexpectedly well.