Here come pending home sales ...
Advertisement
Pending home sales data for April will be released by the National Association of Realtors at 10 a.m. ET.
Advertisement
Economists estimate that the gauge of housing contract activity rose 0.7% month-on-month, and 0.2% year-on-year, according to Bloomberg.
Earlier this week, we learned that existing home sales rose more than expected in April despite some buyers being strained by tight inventories and rising prices.
Along with that data, economists will be using the pending home sales numbers as a gauge of how demand is shaping up this spring selling season.
Refresh this page at 10 a.m. ET for the latest.
Advertisement
Advertisement
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings
- FPIs make remarkable comeback, infuse ₹2 lakh cr in FY24
- PM Modi and Bill Gates discuss AI, climate change, millets and more
- Consuming excessive salt and inadequate potassium, protein is making North Indians prone to life-threatening diseases: Study
- Upcoming cars and two-wheelers launching in India in April 2024