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Economic News

US Pending Home Sales Slump to 5-Month Low

Details
21 January 2026
Contracts to purchase previously owned U.S. homes unexpectedly fell in December, hitting ⁠a five-month low, likely as worries over the labor market and a persistent shortage of entry-level houses offset lower mortgage rates.

Original Source:

https://www.newsmax.com/finance/economy/home-sales-prices/2026/01/21/id/1242966

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