XPost: alt.fan.rush-limbaugh, alt.politics.trump   
   From: NoBody@nowhere.com   
      
   Contracts to purchase previously owned U.S. homes unexpectedly shot   
   ?to the highest in nearly three years in November, as improving   
   affordability conditions drew in buyers, according to the National   
   Association of Realtors.   
      
   Pending home sales rose 3.3% last month after ?an upwardly revised   
   2.4% gain in October, the ?NAR said Monday. Economists polled by   
   Reuters had forecast contracts, which become sales after a ?month or   
   two, rising 1.0%.   
      
   Pending home sales rose 2.6% from a year earlier.   
      
   The index tracking sales rose to ?its highest level since February   
   2023.   
      
   “Homebuyer momentum is building. The data shows the strongest   
   performance of the year after accounting for seasonal factors, ?and   
   the best performance in nearly three years, dating back to ?February   
   2023," said Lawrence Yun, the NAR's chief economist.   
      
   “Improving housing affordability - driven by lower mortgage rates and   
   wage growth rising faster than home prices - is helping buyers test   
   the market," Yun ?said. "More inventory choices compared to ?last year   
   are ?also attracting more buyers to the market.”   
      
   https://www.newsmax.com/finance/streettalk/pending-home-sales/20   
   5/12/30/id/1240145/   
      
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