The nation's homebuilders are reporting that purchase cancellation rates are up and that housing speculators are walking away from properties, according to the industry's leading trade group.At a forecast conference Thursday morning, National Association of Home Builders economist David Seiders told the audience: "I want speculators out of the business, and so do builders." He added, however, that the industry doesn't want speculators dumping properties back on the market. The NAHB is forecasting a slight decline in new-home sales this year and an 8% decline in existing units. "I'm starting to worry about rates," he said, noting that 30-year conventional fixed-rate mortgages could rise to 6.7% by year-end. Speaking at the same conference, J.P. Morgan Chase economist Jim Glassman said housing has shifted "from a seller's market to a buyer's market."

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