US December pending home sales -5.5% vs 0.0% expected ...Middle East

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US December pending home sales -5.5% vs 0.0% expected
Prior was +2.2%Index 74.2 vs 79.0 prior

The index is at the lowest since August. Some housing numbers have been surprisingly strong lately but this is a sign that high mortgage rates are problematic.

This article was written by Adam Button at www.forexlive.com.

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