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

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

(Bloomberg) -- U.S. index of pending home sales seen increasing 0.1% in Oct. after rising 1.5% in Sept. (forecast range -1% to +2%); leading indicator of existing home sales, tracks new contracts for single-family homes, condos, co-ops.
  • Housing outlook for 2017 “greatly depend on whether overall economic growth accelerates enough to support potential home buyer-demand offsetting the impact of higher mortgage rates”: Bloomberg Intelligence
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Source: BFW (Bloomberg First Word)

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