Question

With better economic news lately, demand for houses has gone up what effect would this have on a demand curve

A. a shift to the left
B. a shift to the right
C. No effect
D. All if the choices

Answer 1

A because left is the answer

Answer 2

A. a shift to the left

Step-by-step explanation:

Rather, the National Association of Realtors expects rates to average 3.1% and the Mortgage Bankers Association says mortgage rates will average 3.3% in 2021. These rate estimates are both up from the 3.0% mortgage rate average in 2020 but lower than 2019 average rates.