My guess is that alot of semi-wealthy folks hunkered down when the economic indicators went to hell. A group think thing.

Now, they are seeing prices starting to creep up so mild panic is setting in.

“Time to buy, Mildred!”.

They figure we just hit bottom in their market so it’s time to make a move before things get more expensive. Compressed demand dynamics at work.

OX
…understating the obvious