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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 February 2025 15:00

Previous
-4.1%
Revised
-4.1%
Forecast
-1.3%
Actual
-4.6%

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

Next event - Thursday 27 March 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 -4.6% against a forecast of -1.3%.

Past events

Date
Forecast
Actual
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%
Friday 25 March 2022 14:00
1%
-4.1%

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
Chicago Purchasing Managers' IndexBullish change39.545.5
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change2.9%2.6%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bearish change2.6%2.5%
Personal Income (MoM)Bullish change0.4%0.9%
Personal SpendingBearish change0.8%-0.2%
Core Personal Consumption Expenditures (QoQ)Bullish change2.5%2.7%
Durable Goods OrdersBullish change-1.8%3.1%
Durable Goods Orders ex DefenseBullish change-1.8%3.5%
Durable Goods Orders ex TransportationBearish change0.1%0%
Gross Domestic Product Annualized(no change)2.3%2.3%
Gross Domestic Product Price IndexBullish change2.2%2.4%
Initial Jobless ClaimsBearish change220K242K
Nondefense Capital Goods Orders ex AircraftBullish change0.4%0.8%
Personal Consumption Expenditures Prices (QoQ)Bullish change2.3%2.4%
New Home Sales Change (MoM)Bearish change8.1%-10.5%
Housing Price Index (MoM)(no change)0.4%0.4%
Existing Home Sales Change (MoM)Bearish change2.9%-4.9%
Michigan Consumer Sentiment IndexBearish change67.864.7
UoM 5-year Consumer Inflation ExpectationBullish change3.3%3.5%
S&P Global Composite PMIBearish change52.750.4
S&P Global Manufacturing PMIBullish change51.251.6
S&P Global Services PMIBearish change52.949.7
Initial Jobless ClaimsBearish change214K219K
Philadelphia Fed Manufacturing SurveyBearish change44.318.1
Building Permits (MoM)Bullish change1.482M1.483M
Housing Starts (MoM)Bearish change1.515M1.366M
NY Empire State Manufacturing IndexBullish change-12.65.7

About Pending Home Sales (MoM)

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

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