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to dk  15:12:45 GMT - 03/27/2014  
euro map

oyro



GVI Forex john   15:10:56 GMT - 03/27/2014  
The Pending Home Sales Index, a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing Home Sales by a month or two.
-- National Association of Realtors


My comment PHS are an excellent predictor of Existing Homes Sales, which is by far the most important indicator of housing activity


Mtl JP  15:05:35 GMT - 03/27/2014  
pending home sales...
realestate agents like a teenage massaging a woody in anticipation... the key word is pending
the Qtn is: de-pending on what?
the A is his ability to satisfy or qualify to financially carry and support his appetite


GVI Forex john   14:50:28 GMT - 03/27/2014  
"WASHINGTON (March 27, 2014) – Pending home sales declined for the eighth straight month in February, according to the National Association of Realtors®. Modest increases in the Midwest and West were offset by declines in the Northeast and South; all regions are below a year ago.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, dipped 0.8 percent to 93.9 from a downwardly revised 94.7 in January, and is 10.5 percent below February 2013 when it was 104.9. The February reading was the lowest since October 2011, when it was 92.2..."

-NAR


GVI Forex john   14:12:20 GMT - 03/27/2014  
 
CHART: Pending Homes sales data lower again after January data revised down. No turnaround evident yet despite better anecdotal reports.


GVI Forex john   14:01:29 GMT - 03/27/2014  



NEWS ALERT
-0.80% vs. 0.00% exp. vs. +0.10% (r -0.20%) prev.

RELEASE:Pending Home Sales


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