Global Economic News

U.S. Pending Home Sales Slump To Lowest Level In Over Twenty Years

Pending home sales in the U.S. slumped to their lowest level in over twenty years in the month of October, the National Association of Realtors revealed in a report released on Thursday.

NAR said its pending home sales index tumbled by 1.5 percent to 71.4 in October after jumping by 1.0 percent to a revised 72.5 in September.

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by RTTNews Staff Writer

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