July new home mortgage applications up 0.2 percent from June and 3.6 percent year-on-year

July mortgage applications for new home purchases increased 0.2 percent from June and 3.6 percent year-on-year.  MBA estimates new single-family home sales were running at a seasonally-adjusted
annual rate of 637,000 units in July 2018, up 8.5 percent from June.

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