The MReport Webcast: Monday 2/2/2015

By Jordan Funderburk

The National Association of Realtors said Thursday that its Pending Home Sales Index declined 3.7 percent last month to a reading of 100.7. Economists expected a 0.9 percent gain. Lawrence Yun, chief economist for NAR, blamed the monthly downswing on a drop in for-sale homes and an acceleration in price growth. Pending sales were down …

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