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Pending home sales up a bit in June

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NATIONAL ASSOCIATION OF REALTORS

Pending home sales were mostly unmoved in June, but did creep slightly higher as supply and affordability constraints prevented a bigger boost in activity from mortgage rates that lingered near all-time lows through most of the month, according to the National Association of Realtors.

Increases in the Northeast and Midwest were offset by declines in the South and West.

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