U.S. pending home sales hit one-year low; manufacturing data weak

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U.S. pending home sales hit one-year low; manufacturing data weak

U.S. pending home sales hit one-year low; manufacturing data weak
WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January amid a persistent shortage of properties for sale, which could slow the housing market ahead of the spring selling season.

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