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Pending home sales fell 4% in September, the steepest decline since 2014, and contract cancellations surged to 14.5%, according to Redfin. The surge in cancellations and the rise in available inventory …

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Pending home sales slipped 4% in September, according to Redfin, marking the lowest level since 2014. The drop coincided with a 14.5% contract‑cancellation rate and record‑high inventory levels, the most abundant …