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U.S. Pending Home Sales Jump Much More Than Expected In March

Pending home sales in the U.S. increased by much more than expected in the month of March, according to a report released by the National Association of Realtors on Tuesday.

NAR said its pending home sales index jumped by 1.5 percent to 73.7 in March after surging by 2.5 percent to an upwardly revised 72.6 in February.

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by RTTNews Staff Writer

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