The Pending Home Sales Index retreated 2.6 percent to 106.3 in August. The index is now at its lowest reading since January 2016 (106.1), is 2.6 percent below a year ago, and has fallen on an annual basis in four of the past five months.
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Wednesday, September 27, 2017
August Pending Home Sales Index fell to lowest level since January 2016
at 11:09 AM
Labels: existing home sales, Lawrence Yun, NAR, Pending Home Sales Index, unsold homes
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