Pending Home Sales (MoM)

The Pending Home Sales released by the National Association of Realtors is a leading indicator of trends of the housing market in the US It captures residential housing contract activity of existing single-family homes. As the housing market is considered as a sensitive factor to the US economy, it generates some volatility for the USD. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

Most recent - Thursday 27 March 2025 14:00

Previous
-4.6%
Revised
-
Forecast
1.5%
Actual
2%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Wednesday 30 April 2025 14:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Pending Home Sales (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Pending Home Sales (MoM) was 2% against a forecast of 1.5%.

Past events

Date
Forecast
Actual
Thursday 27 March 2025 14:00
1.5%
2%
Thursday 27 February 2025 15:00
-1.3%
-4.6%
Thursday 30 January 2025 15:00
0%
-5.5%
Monday 30 December 2024 15:00
0.7%
2.2%
Wednesday 27 November 2024 15:00
-1.3%
2%
Wednesday 30 October 2024 14:00
1.1%
7.4%
Thursday 26 September 2024 14:00
0.3%
0.6%
Thursday 29 August 2024 14:00
0.4%
-5.5%
Wednesday 31 July 2024 14:00
1.3%
4.8%
Thursday 27 June 2024 14:00
2.5%
-2.1%
Thursday 30 May 2024 14:00
-0.6%
-7.7%
Thursday 25 April 2024 14:00
0.3%
3.4%
Thursday 28 March 2024 14:00
1.5%
1.6%
Thursday 29 February 2024 15:00
1%
-4.9%
Friday 26 January 2024 15:00
1.5%
8.3%
Thursday 28 December 2023 15:00
1%
0%
Thursday 30 November 2023 15:00
-2%
-1.5%
Thursday 26 October 2023 14:00
-1.5%
1.1%
Thursday 28 September 2023 14:00
-0.8%
-7.1%
Wednesday 30 August 2023 14:00
-0.6%
0.9%
Thursday 27 July 2023 14:00
-0.5%
0.3%
Thursday 29 June 2023 14:00
0.2%
-2.7%
Thursday 25 May 2023 14:00
1%
0%
Thursday 27 April 2023 14:00
0.5%
-5.2%
Wednesday 29 March 2023 14:00
-3%
0.8%
Monday 27 February 2023 15:00
1%
8.1%
Friday 27 January 2023 15:00
-0.9%
2.5%
Wednesday 28 December 2022 15:00
0.6%
-4%
Wednesday 30 November 2022 15:00
-5.2%
-4.6%
Friday 28 October 2022 14:00
-5%
-10.2%
Wednesday 28 September 2022 14:00
-1.4%
-2%
Wednesday 24 August 2022 14:00
-4%
-1%
Wednesday 27 July 2022 14:00
-1.5%
-8.6%
Monday 27 June 2022 14:00
-3.7%
0.7%
Thursday 26 May 2022 14:00
-2%
-3.9%
Wednesday 27 April 2022 14:00
-1.6%
-1.2%

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Pending Home Sales (MoM) result:

PreviousLatest
Michigan Consumer Sentiment IndexBearish change5750.8
UoM 5-year Consumer Inflation ExpectationBullish change4.1%4.4%
Michigan Consumer Expectations IndexBearish change52.647.2
UoM 1-year Consumer Inflation ExpectationsBullish change56.7
Producer Price Index (MoM)Bearish change0.1%-0.4%
Producer Price Index (YoY)Bearish change3.2%2.7%
Producer Price Index ex Food & Energy (MoM)Bearish change0.1%-0.1%
Producer Price Index ex Food & Energy (YoY)Bearish change3.5%3.3%
Monthly Budget StatementBullish change$-307B$-161B
Consumer Price Index (MoM)Bearish change0.2%-0.1%
Consumer Price Index (YoY)Bearish change2.8%2.4%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.2%0.1%
Consumer Price Index ex Food & Energy (YoY)Bearish change3.1%2.8%
Initial Jobless ClaimsBearish change219K223K
Average Hourly Earnings (MoM)Bullish change0.2%0.3%
Average Hourly Earnings (YoY)Bearish change4%3.8%
Labor Force Participation RateBullish change62.4%62.5%
Nonfarm PayrollsBullish change117K228K
U6 Underemployment RateBullish change8%7.9%
Unemployment RateBearish change4.1%4.2%
ISM Services Employment IndexBearish change53.946.2
ISM Services New Orders IndexBearish change52.250.4
ISM Services PMIBearish change53.550.8
ISM Services Prices PaidBearish change62.660.9
S&P Global Composite PMI(no change)53.553.5
Initial Jobless ClaimsBullish change225K219K
Challenger Job CutsBullish change172.017K275.24K
Factory Orders (MoM)Bearish change1.8%0.6%
ADP Employment ChangeBullish change84K155K
ISM Manufacturing Employment IndexBearish change47.644.7
ISM Manufacturing New Orders IndexBearish change48.645.2
ISM Manufacturing PMIBearish change50.349
ISM Manufacturing Prices PaidBullish change62.469.4
JOLTS Job OpeningsBearish change7.762M7.568M
Chicago Purchasing Managers' IndexBullish change45.547.6

About Pending Home Sales (MoM)

Country:United States
Currency:USD
Source:National Association of Realtors
Category:Housing Market
Frequency:Monthly
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