US pending home sales declined by 0.5% in February

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Source: Forexpros
US pending house sales dropped in February, signaling on uncertainty over recovery of the real estate sector, reported the National Association of Realtors. The pending homes sales index decreased by 0.5% last month as compared to a 2.0% gain in January. Experts predicted the pending home sales to advance by 1.0%. Considering yearly changes, the sales increased by 13.9% last month while analysts predicted a 9.7% jump.


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