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Property News for 19 May 2021
Lumber futures swing 10% in wild session as speculative frenzy ends
CNBC - 19 May 2021 19:25
Lumber futures gyrated as traders struggled to determine if a recent pullback in wood had removed enough froth from the market.
Homebuyers are applying for ever bigger mortgages as home prices soar
CNBC - 19 May 2021 13:00
Sky-high home prices mean demand for ever bigger mortgages, but those prices may also be causing a pullback in homebuying.
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