2018 Economic Calendar
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Pending Home Sales Index  
Released On 10/25/2018 10:00:00 AM For Sep, 2018
PriorConsensusConsensus Range
Pending Home Sales Index - M/M-1.8 %0.0 %-0.5 % to 0.5 %
Pending Home Sales Index - Level104.2 

Consensus Outlook
Pending home sales are expected to come in unchanged in September after falling a steep 1.8 percent in August that followed a 0.8 percent decline in July. Sales of existing homes have been very soft and may be the biggest disappointment of the 2018 economy.

Definition
The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. Specifically, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six weeks to close a contracted sale.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/312/283/284/305/316/277/308/299/2710/2511/2912/28
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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