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Old 01-05-2010, 10:05 PM
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Post US Pending Home Sales Index falls sharply in November

The National Association of Realtors (NAR) today said its Pending Home Sales Index fell sharply by 16% in November to 96.0 from 114.1 in October, ending a nine-month rise. The NAR attributed the fall on the end of a rush to beat the original expiration of the $8,000 tax credit for first-time buyers. The tax credit [...]

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