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Pending Home Sales Increase 2.4% in February (access required)

Pending home sales rose in February, climbing for the second consecutive month, according to the National Association of Realtors®. Each of the four major regions saw an increase in month-over-month contract activity, as well as growth in year-over-year pending home sales transactions compared to one year ago. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking ...

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