pending

[ad_1] US pending home sales has back to back gains Prior month 0.3% revised to 0.4% Pending home sales for July 0.9% versus -0.6% estimate Pending home sales index 77.6 vs 76.8 last month. The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed

[ad_1] US pending home sales Prior was -2.7% Index 76.8 vs 76.5 prior This is a decent forward-looking indicator and a nice rebound after a poor number in May. I think it’s clear that there are people who want to buy homes, it’s just that inventories of homes for sale are very low and mortgage