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Pending Home Sales Down 2.6% in November

The National Association of Realtors is reporting that pending home sales declined 2.6% in November, 2020. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell slightly to 125.7, the third straight month of declines. In addition, they report that year-over-year contract signings were up 16.4%, with all regions reaching double-digit year-over-year increases. Continue reading HERE...

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