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Low Supply Undercuts Pending Home Sales in March

April 30, 2017 6:33 pm

Pending home sales were undercut by low supply in March, ticking down 0.8 percent in the National Association of REALTORS® (NAR) recently released Pending Home Sales Index (PHSI). The PHSI posted 111.4 in March, down from 112.3 in February. “Home shoppers are coming out in droves this spring and competing with each other for the […]

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