- Goldman Sachs warned that housing will drag on economic growth in the 2nd half of the year. Residential investment is expected to fall 8%.
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- Purchase mortgage applications grew 1% over the previous week and were up 18% over the same week a year ago.
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- Despite sluggish sales, 74% of REALTORS® say they're “very certain” they'll stay in the business, showing resilience amid a shifting market.
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