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Pending Home Sales Fell in November

Mortgage News > Pending Home Sales Fell in November
Date: 01/01/2019    Pending Home Sales Fell in November

The number of contracts to buy existing homes fell in November, according to the National Association of Realtors, an unexpected movement and an indication that the housing market is facing challenges. Analysts had predicted that pending sales would rise 0.7% but instead the NAR’s pending home sales index decreased 0.7% from October and sank 7.7% from November 2017.

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