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Pending sales of US existing homes rise less than forecast

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The pending home sales index increased 0.3 per cent after dropping 1 per cent in August, the National Association of Realtors (NAR) said on Monday in Washington.

Washington

CONTRACTS to purchase previously owned homes rose less than forecast in September, showing housing will take time to gain momentum.

The pending home sales index increased 0.3 per cent after dropping 1 per cent in August, the National Association of Realtors (NAR) said on...

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