2013-10-29fool.com

``The Pending Home Sales Index declined for the fourth straight month, down 5.6% to 101.6 for September, according to a National Association of Realtors (NAR) report released today.  After dropping 1.6% for August, September's index had been expected to stay at the same level. Current pending home sales are at their lowest point since December 2012, and are down 1.2% in the past 12 months. ''


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