Pending Home Sales Edge Down in August

Washington, DC, Sept. 29, 2014 -- Pending home sales fell 1% in August, the National Association of Realtors reported Monday.

That followed a 3.2% increase in July.

The index of pending home sales hit a seasonally adjusted 104.7 in August, compared with 105.8 in July and 107.8 a year ago.

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