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Pending home sales take unexpected dip in June

Credit availability, slow wage growth reasons for the drop
Tuesday, July 29, 2014 - 06:00

[WASHINGTON] Fewer Americans than forecast signed contracts to buy previously owned homes last month, a sign residential real estate is struggling to strengthen. The index of pending home sales declined 1.1 per cent from the month before after rising 6 per cent in May, figures from the National

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