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The 10% drop followed a 20% month-over-month increase in March.
Profit on single-family home or condo fell to 44.2% as home prices stayed flat or fell.
Foreclosure starts increase 29% YOY; bank repossessions at highest level in 3 years.
'The soaring housing market has finally come back down in much of the U.S., at least for now.'
House flips reached their highest level in 17 years, but ROI was lowest since 2008.
Overall activity fell 3% from January 2023; completions up 45% YOY
