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Pending Home Sales Trail Off 1.5% in April (access required)

Pending home sales declined in April, a modest change from the growth seen a month before, according to the National Association of Realtors®. Only one of the four major regions – the Midwest – experienced growth, while the remaining three regions reported a drop in their respective contract activity The Pending Home Sales Index,*www.nar.realtor/pending-home-sales, a forward-looking indicator ...

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