Pending home sales in the U.S. showed a notable pullback in the month of September after spiking in August, according to a report released by the National Association of Realtors on Thursday.
NAR said its pending home sales slumped by 2.3 percent to 116.7 in September after surging 8.1 percent to 119.4 in August. Economists had expected pending home sales to come in unchanged.
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