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Pending home sales tumble 24% in August, falling for third straight month

Por: Fox Business Business September 28, 2022

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Horizon Investments chief investment officer Scott Ladner argues housing leads the economy and will cause a market 'softening.' Signed contracts to buy previously owned homes in the U.S. plunged more than expected in August as and higher home prices continued to push entry-level homebuyers out of the market. The National Association of Realtors said Wednesday that its pending home sales index tumbled 24% in August compared with the... + full article



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