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Pending Home Sales Rise in February Behind Solid Gains in Midwest, West

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WASHINGTON (March 30, 2015) – Pending home sales in February increased to their highest level since June 2013 as sizeable gains in the Midwest and West offset smaller declines in the Northeast and South, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 3.1 percent to 106.9 in February from a slight downward revision… Read More

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