United States Pending Home Sales m/m

Country: United States, USD
Importance: Medium
Sector: Housing
Last release
Actual
0.3%
Forecast
0.8%
Previous
-2.6%
Next release
Actual
Coming in 30 days
Forecast
-0.9%
Previous
0.3%
Date (GMT)
Reference
Actual
Forecast
Mar 2018
0.4%
-0.8%
Feb 2018
3.1%
0.5%
Jan 2018
-4.7%
-0.7%
Dec 2017
0.5%
-0.6%
Nov 2017
0.2%
-2.4%
Oct 2017
3.5%
2.0%
Sep 2017
0.0%
0.1%
Aug 2017
-2.6%
0.6%
Jul 2017
-0.8%
-1.4%
Jun 2017
1.5%
2.0%
May 2017
-0.8%
-0.7%
Apr 2017
-1.3%
0.9%
Mar 2017
-0.8%
Feb 2017
5.5%
Jan 2017
-2.8%
Dec 2016
1.6%
Nov 2016
-2.5%
Oct 2016
0.1%
Sep 2016
1.5%
Aug 2016
-2.4%

Pending Home Sales m/m reflect the number of home sales contracts signed in the given month as compared to the previous one.

Since a contract completion takes an average of 6-8 weeks, Pending Home Sales is a leading indicator of the US housing market forecasting final sales for two months in advance.

The indicator growth can have a positive effect on dollar quotes.

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