Pending Home Sales Slip in November

WASHINGTON—The number of homes tentatively sold across the U.S. fell in November, a sign the housing market hit a rough patch this winter after strengthening earlier in the year.

Pending home sales, measuring contracts before they become final, slipped 0.9% in November from a month earlier to a reading of 106.9, the National Association of Realtors said Wednesday. An index of 100 is equal to the average level of contract activity…

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