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Pending home sales bounce back in December (access required)

Pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to a press release from the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 1.6 percent to 109.0 in December from 107.3 in ...

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