Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here come pending home sales ...

Akin OyedeleMay 26, 2016, 19:08 IST

Pending home sales data for April will be released by the National Association of Realtors at 10 a.m. ET.

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.

NOW WATCH: The secret to selling your house for more money

Please enable Javascript to watch this video