- Single-family housing starts slipped 1.9% in May, as rising building materials costs and higher mortgage rates pressured affordability.
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- Pending home sales jumped to a 6-month high in May, up 3.8% for the month and 4.8% over the same time last year.
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- Purchase apps were up 3% and refi apps were up 17% over last year, though total volume fell 3.8% from last week.
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