New-home purchase applications in Late-Q1 ↑26% MoM and ↑11% yearly, reaching the survey’s highest index level since it began in 2012. Estimated new single-family sales ran at a seasonally adjusted annual pace of 717K in Late-Q1, ↑12% from 641K in the prior month. On an unadjusted basis, estimated new-home sales reached 69K in Late-Q1, ↑21% from 57K in...