U.S. ECO PREVIEW: Pending Home Sales Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- U.S. index of pending home sales seen falling 1.1% m/m in May after rising 5.1% in April (forecast range -3% to +0.1%); leading indicator of existing home sales, tracks new contracts for single-family homes, condos, co-ops.
Alert: HALISTER1- April increase largest since Oct. 2010; 3 of 4 regions increased, including 11.4% gain in West that was largest in records back to 2001
Source: BFW (Bloomberg First Word)
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UUID: 7947283