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Pending Home Sales are down 8.7% from the peak in May 2013. The decline began after mortgage interest rates rose in June and July and Federal Reserve Board Chair Ben Bernanke subsequently discussed plans to taper off the pace of quantitative easing.
Pending Home Sales are down 8.7% from the peak in May 2013. The decline began after mortgage interest rates rose in June and July and Federal Reserve Board Chair Ben Bernanke subsequently discussed plans to taper off the pace of quantitative easing.