Forex
globalreutersOctober 30, 20241 Mins read
US pending home sales for September +7.4% versus 1.0% estimate
globalreutersOctober 30, 20241 Mins read - Prior month +0.6%
- Pending home sales 7.4% versus 1.0% expected
- Home sales index 75.8 versus 70.6 last month
- Sales up 2.6% year on year
Regionally:
- Northeast +6.5%
- West +9.8%
- Midwest 7.1%
- sound 6.7%
Of note is that mortgage rates have soared since the lows in September which were near 6.1%. The 30 year fixed mortgage is now up at 7.08%. This data is for the month of September so there might be a fall off next month.
This article was written by Greg Michalowski at www.forexlive.com.
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This article was written by Greg Michalowski at www.forexlive.com.
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