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IPFS News Link • Housing

US Pending Home Sales Plunge For 4th Straight Month

• by Tyler Durden

The analysts were very wrong as pending home sales puked 4.1% MoM (after a downwardly revised drop of 5.8% MoM in January). That is the fourth straight monthly drop...

Source: Bloomberg

Pending home sales are down 5.45% YoY and the pending home sales index is at its lowest since May 2020...

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