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Pending Home Sales Slide as Buyers Grow More Cautious About High Prices

By Third PartyDecember 31, 2021

Source: Realtor.com —

The number of home buyers who signed a contract to purchase a home in November declined, as high home prices give buyers pause.

Pending home sales decreased 2.2% in November compared with October, the National Association of Realtors reported Wednesday. Economists polled by MarketWatch had projected a 0.8% increase for pending home sales in November.