The Pending Home Sales Index is a leading indicator of housing sector activity. The calculation includes signed contracts for the sale of existing single-family houses, apartments, condos and cooperatives. A contract takes effect one to two months before the actual sale, therefore the index is usually one to two months ahead of the secondary housing market sales report.
United States Pending Home Sales Index
Country: United States, USD
Importance: Low
Sector: Housing
Source: National Association of Realtors
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Jul 2014
105.9
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