2018 Economic Calendar
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Pending Home Sales Index  
Released On 3/28/2018 10:00:00 AM For Feb, 2018
PriorConsensusConsensus Range
Pending Home Sales Index - M/M-4.7 %2.7 %0.5 % to 6.0 %
Pending Home Sales Index - Level104.6 

Consensus Outlook
Pending home sales are expected to rebound 2.7 percent in February after posting a very sharp 4.7 percent decline in January which did not, however, result in weakness for final sales of existing homes which instead posted a solid February gain. Note that the consensus range, from 0.5 percent to 6.0 percent, is very wide.

The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. Specifically, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six weeks to close a contracted sale.  Why Investors Care

2018 Release Schedule
Released On: 1/312/283/284/305/316/277/308/299/2710/2511/2912/28
Release For: DecJanFebMarAprMayJunJulAugSepOctNov

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