US pending home sales fell to their lowest level in 20 years last month

US pending home sales fell to their lowest level in 20 years last month

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US pending home sales fell to their lowest level in 20 years in October as mortgage rates surged to their highest levels of the year, according to a report released Thursday. Pending home sales dropped 1.5% last month from September, monthly data from the National Association of Realtors showed.…

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