Unchanged from last week as modest growth from very low levels continues:


The seasonally adjusted Purchase Index was unchanged from one week earlier. The unadjusted Purchase Index decreased 20 percent compared with the previous week and was 5 percent lower than the same week one year ago. Last year, the Fourth of July fell on the prior week.
Read more at http://www.calculatedriskblog.com/#sQ3JkrmqGOvif9t3.99

So now that they know larger deficits are better for an economy, why not raise the 3% limit for all?

Low and the 3 month average declined:

New home sales per capita still at prior recessions levels: