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Jan. Pending Home Sales: +2.0% to 97.0 vs. +1.5% expected; -3.5% prior and +8.0% Y/Y. "Given...

Feb. 27, 2012 10:02 AM ETBy: Clark Schultz, SA News Editor
Jan. Pending Home Sales: +2.0% to 97.0 vs. +1.5% expected; -3.5% prior and +8.0% Y/Y. "Given more favorable housing market conditions, the trend in contract activity implies we are on track for a more meaningful sales gain this year," NAR's Lawrence Yun says.

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