US Pending Home Sales Index plunges in May

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US Pending Home Sales Index plunges in May

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07-02-2010, 12:55 AM

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US Pending Home Sales Index plunges in May

The National Association of Realtors (NAR) today said its Pending Home Sales Index fell by 30% in May, after rising 23% between January and April.The slump was attributed to the expiration of a Government incentive – which ended on 30 April.While a fall in deals was anticipated, it was double the amount that analysts had [...]

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