HALISTER1: U.S. ECO PREVIEW: Pending Home Sales Due in 5 Minutes

U.S. ECO PREVIEW: Pending Home Sales Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News.
  • Pending Homes 1% m/m; range 0% to 2.1% (27 estimates)
  • Pending Homes 0.5% y/y; range 0% to 0.5% (3 estimates)
    • In April, pending home sales dropped for the third time since the start of the year
    • "Prior weakness in contract signings is weighing on the pace of resales in the current quarter, but will likely reverse in the second half of the year": Bloomberg Intelligence

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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