United States Pending Home Sales y/y

Country: United States, USD
Importance:
Low
Sector: Housing
Source: National Association of Realtors
Last release
Actual
3.2%
Forecast
0.0%
Previous
-1.1%
Next release
Actual
Coming in 07:50:32
Forecast
0.2%
Previous
3.2%
Actual
Forecast
2 years 5 years All time
Date (GMT)
Reference
Actual
Forecast
Jul 2019
-0.3%
4.9%
Jun 2019
1.6%
1.4%
May 2019
-0.7%
2.7%
Apr 2019
-2.0%
-3.2%
Mar 2019
-1.2%
-1.8%
Feb 2019
-4.9%
-1.8%
Jan 2019
-2.3%
-8.0%
Dec 2018
-9.8%
-7.2%
Nov 2018
-7.7%
-1.9%
Oct 2018
-6.7%
-1.9%
Sep 2018
-1.0%
1.4%
Aug 2018
-2.3%
0.9%
Jul 2018
-2.3%
-6.0%
Jun 2018
-2.5%
-6.0%
May 2018
-2.2%
-5.1%
Apr 2018
-2.1%
-0.7%
Mar 2018
-3.0%
-0.1%
Feb 2018
-4.1%
-0.2%
Jan 2018
-3.8%
-0.1%
Dec 2017
0.5%
-0.2%

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

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 growth of the indicator value can have a positive effect on dollar quotes.

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