A report released by the National Association of Realtors on Friday showed pending home sales in the U.S. fell by more than expected in the month of December.
NAR said its pending home sales index slipped by 0.3 percent to 125.5 in December after tumbling by 2.5 percent to 125.9 in November. Economists had expected the index to edge down by 0.1 percent.
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