Pending home sales drop to lowest level in over 20 years

Pending home sales drop to lowest level in over 20 years

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Contract signings for existing homes logged their slowest pace in more than two decades in October. Home sales under contract dropped 1.5% from the month before, according to the National Association of Realtors on Thursday. The 71.4 index reading is the lowest since the index's founding in 2001.…

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