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September 01, 2020 1:20pm
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US Pending Home Sales Unexpectedly Rise In May, NAR Warns Housing Market "Transition" Underway

As it turns out pending home sales unexpectedly rose 0.7% MoM in May (versus a 4.0% MoM expected drop) and with a downward revision to April from -3.9% MoM to -4.0% MoM.
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