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Pending Home Sales Index Rises 5.2% to 79.4 in July: NAR

NEW YORK - Pending home sales grew 5.2% to a reading of 79.4 in July from a revised 2.8% decrease to 75.5 in June, originally reported as a 2.6% decrease to 75.7, according to an index released today by the National Association of Realtors.