Forex News: US Pending Home Sales due out at 10:00 AM

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December 9, 2008

Forex News: US Pending Home Sales due out at 10:00 AM Posted by Greg Michalowski on Tue, 12/09/2008 - 7:48am in US Pending home sales The US Pending Home Sales for October will be released at 10:00 AM. The Pending Homes sales are thought to be a leading indicator for Existing Home sales as they are recorded a few weeks before closing and becoming “exisiting”. As a result, if Pending Home sales are weaker, the expectation would be for weaker Existing Home Sales in coming months. Pending
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