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US pending home sales slump 4.7 percent in January

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Signed contracts to buy US homes fall percent in January to lowest level in more than 3 years.
In this Monday, Jan. 8,2018, photo a real estate sale pending sign hangs in front of an existing home, in Walpole, Mass. On Wednesday, Feb. 28, the National Association of Realtors releases its January report on pending home sales.

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