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Old 08-03-2010, 10:24 PM
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Post US Pending Home Sales Index plunges to 9-year low

The National Association of Realtors (NAR) today said its Pending Home Sales Index fell by 18.6% in June on year.On a monthly basis, the index fell by 2.6% to 75.7 points based on contracts signed in June compared with May.As a result, the index fell to the lowest level since records began in 2001.The slump [...]

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