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flag U.S. pending home sales fell 0.8% in June, defying expectations and dropping in most regions.

flag US pending home sales unexpectedly fell 0.8% in June, lower than the expected 0.2% rise, according to the National Association of Realtors. flag This decline marks a continuation of small drops in contract signings despite increased market inventory. flag Sales fell in the Midwest, South, and West, while the Northeast saw a slight increase. flag The West experienced the most significant drop, with sales plummeting 3.9%.

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