There is an awful lot of transaction activity across the country, I think. We are running a series of consumer surveys. The first of those reports was released just last week. Every six weeks between now and the end of the year we'll be going back out to consumers to get their sense.
We are concerned about that September-October deferral cliff. We think it may well impact people's sentiment about what they're doing with housing, but that's no surprise. The lockdown has made an awful lot of people a whole lot more critical about their current living environment and whether where they're living is actually suitable for their situation. Across the last couple of months, there has been a lot of pent-up demand that is not necessarily economic but is based more on lifestyle, it would seem.
As our chief economist reminds me all the time, we have been surprised by numbers every single month. We would be foolish not to expect be surprised for the next three months, frankly.