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Realtors Report Big Decline in Contract Signings

Published 2 months ago

The National Association of Realtors released January's Pending Home Sales report this morning, which measures signed purchase contracts as opposed to finalized sales. As such, it's considered to be an advance indicator of Existing Home Sales, and that's generally proven to be the case over time. It also means the pending sales data can be a bit more volatile. Continue this read in the above PDF.

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