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Wednesday, Apr 17, 2024

Pending home sales decline more than forecast

Fewer Americans signed contracts to purchase previously owned homes in July as harder-to-get financing kept would-be buyers from taking advantage of lower prices. A separate report showed inventories at U.S. wholesalers piled up twice as fast as forecast in July as their sales slid. For the full story visit www.latimes.com/business/la-fi-econ10-2008sep10,0,5941728.story

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