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 - Wednesday 30 October 2024 14:00

Previous
0.6%
Revised
-
Forecast
1.1%
Actual
7.4%

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

Next event - Wednesday 27 November 2024 15:00

Previous
7.4%
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 7.4% against a forecast of 1.1%.

Past events

Date
Forecast
Actual
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%
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%

Economic context

Recent economic data has been moderately bullish 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 change7371.8
UoM 5-year Consumer Inflation ExpectationBullish change3.1%3.2%
S&P Global Composite PMIBullish change54.155.3
S&P Global Manufacturing PMIBullish change48.548.8
S&P Global Services PMIBullish change5557
Existing Home Sales Change (MoM)Bullish change-1.3%3.4%
Initial Jobless ClaimsBullish change219K213K
Philadelphia Fed Manufacturing SurveyBearish change10.3-5.5
Building Permits (MoM)Bearish change1.425M-0.6M
Housing Starts (MoM)Bearish change1.353M1.311M
Industrial Production (MoM)Bullish change-0.5%-0.3%
NY Empire State Manufacturing IndexBullish change-11.931.2
Retail Sales (MoM)Bearish change0.8%0.4%
Retail Sales Control GroupBearish change1.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change1%0.1%
Initial Jobless ClaimsBullish change221K217K
Producer Price Index (MoM)Bullish change0.1%0.2%
Producer Price Index (YoY)Bullish change1.9%2.4%
Producer Price Index ex Food & Energy (MoM)Bullish change0.2%0.3%
Producer Price Index ex Food & Energy (YoY)Bullish change2.9%3.1%
Monthly Budget StatementBearish change$64.7B$-257B
Consumer Price Index (MoM)(no change)0.2%0.2%
Consumer Price Index (YoY)Bullish change2.4%2.6%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)(no change)3.3%3.3%

About Pending Home Sales (MoM)

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