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Here come pending home sales ...

Akin OyedeleNov 30, 2015, 20:08 IST

The latest data on pending home sales are expected at the top of the hour.

Economists estimate, according to Bloomberg, that pending home sales rose 1% month-on-month in October. In the previous month, they fell 2.3%.

"We believe demand for home sales remains robust, which should show through in the pending home sales figures," Bank of America Merrill Lynch economists wrote to clients.

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