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Home / IBR Headlines / Signed contracts to buy US homes plunges in Sept. (access required)

Signed contracts to buy US homes plunges in Sept. (access required)

The number of Americans who signed contracts to buy homes fell in September to the lowest level in nine months, reflecting higher mortgage rates and home prices that have made purchases more costly. The National Association of Realtors said Oct. 28 that its seasonally adjusted pending home sales index fell 5.6 percent last month from August ...

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