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Mar 30, 2017 Pending Home Sales in U.S. Spike 5.5 Percent in February

Alan Bermudez

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According to the National Association of Realtors, pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade. All major regions saw a notable hike in contract activity last month. The Pending Home Sales Index, a forward-looking indicator based on contract signings, jumped 5.5