Housing Market in Trouble?

It seems like there may be a bit of a perception problem in housing.  While the most recent housing data definitively shows housing prices on the rise across most of the country, mainly due to all cash deals, there is conflicting data underneath the surface.  According to recent figures, mortgage interest rates are on the rise across all durations while at the same time lumber futures continue to decline after peaking in March. While this may be just a temporary slowdown based on lower demand from China, it will be important to monitor developments in the coming months.  See charts below.