- Sales of newly built single-family homes, which make up about 10% of the market, jumped 8.8% in March, the most since December 2022.
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- Total mortgage applications dropped 2.7% last week. Purchase apps were down 1% on the week and 15% lower year over year.
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- Pending home sales posted a bigger-than-expected increase in March. Buyer demand held relatively steady in the face of higher mortgage rates.
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