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Pending Sales of Existing Homes Increase by Most in a Year

2016-03-29 06:36:11| Real Estate - Topix.net

Contracts to purchase previously owned homes rebounded more than forecast in February as sales picked up in most of the U.S., a good sign as the spring-selling season approaches. The pending home sales index climbed 3.5%, the biggest gain in a year, after a 3% decrease a month earlier that was larger than initially reported, the Washington-based National Association of Realtors said Monday.

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