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 26 September 2024 14:00

Previous
-5.5%
Revised
-
Forecast
0.3%
Actual
0.6%

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

Trading range

Forecast history

The most recent announced value for Pending Home Sales (MoM) was 0.6% against a forecast of 0.3%.

Past events

Date
Forecast
Actual
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%
Friday 25 March 2022 14:00
1%
-4.1%
Friday 25 February 2022 15:00
1%
-5.7%
Thursday 27 January 2022 15:00
-0.2%
-3.8%
Wednesday 29 December 2021 15:00
0.5%
-2.2%
Monday 29 November 2021 15:00
1%
7.5%
Thursday 28 October 2021 14:00
0%
-2.3%

Economic context

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

PreviousLatest
Monthly Budget StatementBullish change$-380B$64B
Building Permits (MoM)Bearish change1.47M1.428M
Housing Starts (MoM)Bearish change1.361M1.354M
Industrial Production (MoM)Bearish change0.3%-0.3%
Initial Jobless ClaimsBullish change260K241K
Philadelphia Fed Manufacturing SurveyBullish change1.710.3
Retail Sales (MoM)Bullish change0.1%0.4%
Retail Sales Control GroupBullish change0.3%0.7%
Retail Sales ex Autos (MoM)Bullish change0.2%0.5%
NY Empire State Manufacturing IndexBearish change11.5-11.9
Michigan Consumer Sentiment IndexBearish change70.168.9
UoM 5-year Consumer Inflation ExpectationBearish change3.1%3%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Producer Price Index (MoM)Bearish change0.2%0%
Producer Price Index (YoY)Bearish change1.9%1.8%
Producer Price Index ex Food & Energy (YoY)Bullish change2.6%2.8%
Consumer Price Index (MoM)(no change)0.2%0.2%
Consumer Price Index (YoY)Bearish change2.5%2.4%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)Bullish change3.2%3.3%
Initial Jobless ClaimsBearish change225K258K

About Pending Home Sales (MoM)

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