- A Harvard study showed rent costs have fallen from prior record highs and are now rising at a significantly slower pace of less than 1% annually.
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- The FHFA’s House Price Index reports growth in November at a seasonally adjusted rate of 0.3% for the month and 6.6% year over year.
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- After rising for several weeks, total mortgage application volume dropped 7.2% for the week. Purchase apps fell 11%, while refi apps increased 2%.
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