Pending Home Sales Decline in October

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After hitting a nearly two-year high last month, pending home sales fell slightly but remained solid in October. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI declined 1.7% from 108.6 in September to 106.7 in October. However, sales were still 4.4% higher than a… Read More ›

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