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For the second week in a row, mortgage activity barely budged, despite a small drop in interest rates.
Homeownership peaked at 69.2% at the end of 2004, when housing was in the midst of an epic boom.
Volatility in Chinese markets may help U.S. real estate—with Texas a market that's seeing major benefits.
U.S. home prices continued to rise in May, according to the S&P/Case-Shiller Home Price Index, but the increase fell short of analyst estimates.