Here come pending home sales ...
Advertisement
The latest data on pending home sales are expected at the top of the hour.
Advertisement
Advertisement
Economists estimate, according to Bloomberg, that pending home sales rose 1% month-on-month in October. In the previous month, they fell 2.3%.
"We believe demand for home sales remains robust, which should show through in the pending home sales figures," Bank of America Merrill Lynch economists wrote to clients.
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study