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U.S. Pending Home Sales Reach Six-Month High In May

Contracts to purchase previously owned homes in the United States climbed to a six-month high in May, offering a positive sign for the housing market despite persistent challenges from elevated mortgage rates and limited…

Contracts to purchase previously owned homes in the United States climbed to a six-month high in May, offering a positive sign for the housing market despite persistent challenges from elevated mortgage rates and limited inventory. The increase in pending hom…