US December pending home sales +8.3% vs +1.5% expected ...Middle East

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US December pending home sales +8.3% vs +1.5% expected
Prior was 0.0% (revised to -0.3%)Index 77.3 vs 71.6 priorAre we in the early stages of a housing boom? Rates dipped a bit in December and home buyers rushed in. I think that's a tell about how many people are lurking and waiting to buy homes. This article was written by Adam Button at www.forexlive.com.

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