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Housing Market

Weekly Market Update

U.S. Pending Home Sales Rise to Highest Level in 6 Weeks

Pending home sales ticked up as housing payments temporarily dipped down.  U.S. pending home sales rose 1.3% from a week earlier to their highest level since the first half of May during the four weeks ending July 5. This data is seasonally adjusted.  Homebuying demand picked up partly because of temporarily declining mortgage rates. The […]
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