The Pending Home Sales Index fell 4.7 percent to 104.6 in January from a downwardly revised 109.8 in December 2017. After last month's retreat, the index is now 3.8 percent below a year ago and at its lowest level since October 2014 (104.1).The decline was attributed to low supply levels and rising interest rates.
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Wednesday, February 28, 2018
January pending home sales fell to lowest level since October 2014
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