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U.S. Pending Home Sales Drop in July

M. Ali 30 August, 2021 9:45 pm Market Update

The United States Pending Home Sales Index declined by 1.8% last month, according to data by the National Association of Realtors on Monday.

The reading comes against market expectations of a modest increase, while the June reading was revised upwards to 2%.

On an annual level, pending home sales decreased by 8.5%.

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