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Pending Sales Leveling Off

by on February 5, 2010

Pending home sales rose slightly in December, increasing 1.0 percent from the previous month, according to NAR. The Pending Home Sales Index (PHSI) was 10.9 percent above December 2008. In November, the index had fallen 16.4 percent after several months of surging activity. The index in the Northeast rose 2.3 percent in December and was [...]

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