Pending US Home Sales Touch Two-year High

Pending US Home Sales Touch Two-year High

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riggio-homes-norleansContracts to buy previously owned U.S. homes rose to their highest level in more than two years in July, an industry group said on Wednesday, suggesting the housing market recovery was gaining traction.

The number of contracts signed in July, increased 2.4 percent to the highest level since April 2010.

(READ the story from Reuters News)

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