US Pending Home Sales Fell 5.5% in December | Forex Factory

Jan 30, 2025 · Year-over-year, contract signings reduced in all four U.S. regions, with the Midwest seeing the largest decrease. The Pending Home Sales Index (PHSI)* – a forward-looking …

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US Pending Home Sales Fell 5.5% In December | Forex Factory

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Jan 30, 2025 · Year-over-year, contract signings reduced in all four U.S. regions, with the Midwest seeing the largest decrease. The Pending Home Sales Index (PHSI)* – a forward-looking …

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US Pending Home Sales M/m - Forex Factory

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From cnbc.com | Jan 30, 2025. video Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the …

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US Pending Home Sales Drop Sharply In December, As ... - Forex …

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Jan 30, 2025 · From cnbc.com. video Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the …

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Pending Home Sales Dropped By 5.5% In December

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6 days ago · The Pending Home Sales Index (PHSI), a key indicator of housing market activity based on contract signings, fell to 74.2 in December. This marks a 5% decrease compared to …

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Pending Home Sales Fell 5.5% In December | Florida Realtors

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Jan 30, 2025 · The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – slid 5.5% to 74.2 in December. Year-over-year, pending …

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US December Pending Home Sales -5.5% Vs 0.0% Expected

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Jan 30, 2025 · US December pending home sales numbers. High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates …

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Pending Home Sales Fell 5.5% In December - National Association …

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Jan 30, 2025 · By coincidence, the volume of existing-home sales in 2001 fell within the range of 5.0 to 5.5 million, which is considered normal for the current U.S. population. NOTE: Existing …

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Pending US Home Sales Dip In December, Breaking Streak Of …

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Jan 30, 2025 · The Western and Northeastern U.S. saw the largest drops in pending home sales in December, falling 10.3% and 8.1%, respectively, the NAR said. The Midwest fell 4.9% and …

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December US Pending Home Sales Index Declines After Gains In …

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Jan 30, 2025 · Pending home sales fell by 5.5% in December, below expectations for a flat reading in survey compiled by Bloomberg as of 7:35 am ET and following a 1.6% increase in …

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US Pending Home Sales Fell 5.5% In December | Metals Mine

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Year-over-year, contract signings reduced in all four U.S. regions, with the Midwest seeing the largest decrease. The Pending Home Sales Index (PHSI)* – a forward-looking indicator of …

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New Jersey Real Estate Report | Real Estate, Economics, And Politics

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Jan 29, 2025 · Economists polled by Reuters had forecast new home sales, which account for about 14% of U.S. home sales, would rise to a rate of 675,000 units. New home sales are …

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New Jersey Housing Market: 2025 Home Prices & Trends | Zillow

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Learn more about the New Jersey housing market and real estate trends. Skip main navigation. Sign In. Join; Homepage. Buy Open Buy sub-menu. Homes for sale ... 55.7% Percent of sales …

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US Pending Home Sales - Forex Factory

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Dec 30, 2024 · Pending home sales increased 2.2% in November 2024, with the Midwest, South, and West regions of the U.S. experiencing month-over-month gains in transactions, while the …

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US Pending Home Sales Slide 3.8% In December | Forex Factory

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Jan 27, 2022 · The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, fell 3.8% to 117.7 in December. Year-over-year, transactions …

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FAQs about US Pending Home Sales Fell 5.5% in December | Forex Factory Coupon?

How does pending home sales affect the forex market?

Although it is considered a leading indicator in the real estate sector, pending home sales is regarded as a medium-impact indicator in the forex market. Here are two ways this indicator can potentially impact the currency. An increasing pending home sales show improving household welfare. ...

What percentage of pending home sales are settled?

However, about 80% of all pending home sales are settled. Pending home sales index (PHSI) is an index based on the pending home sales. This index is considered more accurate than the aggregate data of the pending home sales. It accounts for 20% of the home contracts that fall through. ...

How accurate is the pending home sales index?

This index is considered more accurate than the aggregate data of the pending home sales. It accounts for 20% of the home contracts that fall through. Its accuracy stems from the fact that it is based on aggregated trends in the pending home sales, thus not skewed by the fallout rate. ...

Will the pending home sales data affect the USD?

As can be seen, the pending home sales data is expected to have a medium impact on the USD upon its release. The screengrab below shows the most recent change in pending home sales. In August 2020, the US pending home sales increased by 8.8% compared to 5.9% in July. This change was better than the expected 3.1%. ...

Why are pending home sales leading the home sales?

It is leading the home sales because, generally, a real estate contract takes about a month or two to close. Thus, when the contracts are closed, pending home sales become existing home sales. It can be said to offer concrete data on future home sales and the trend in real estate. ...

What does pending home sales mean?

Pending home sales is defined as homes that are yet to be sold. The contracts for sales have been signed, but the transaction has not been completed yet. Note that the pending home sales can also be used as a leading indicator of existing home sales. ...