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Pending Home Sales Down Again

Pending home sales dipped for the sixth consecutive month, according to a report released Thursday by the National Association of Realtors. The pending homes sales index for April showed that sales were down 3.9% from March, and when compared to the prior year, pending sales dropped for the eleventh consecutive month, with a 9.1% year-over-year drop and a decline in all regions. Only the Midwest region saw an increase in pending home sales in April.
United States Mark Fleming Lawrence Yun National Association Of Realtors National Association American Chief Economist Mark Fleming

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