Pending Home Sales drop to 7 Mo low

Anyone surprised?

Of course, the past few weeks saw the pop media trying to massage the data and make it look like the economy was 'recovering', when it wasn't. One wonders if they'll devote all the time and energy to reporting this that they did last week to fudging the numbers on things like employment and housing.

http://www.cnbc.com/id/43193255

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