US pending home sales for November -4% versus -0.8% last month | Forexlive
- Prior report. Fell -4.6% last month (was expecting at -5.0% decline)
- Pending home sales for November 2022 -4% versus -0.8% expected
- Pending home sales index 73.9 vs 77.0 last month (revised from 77.1)
- Pending home sales -37.8% from November 2021
the pending home sales index is near/below the 2010 low at 75.7. The post pandemic low from April 2009 reached 69.0. At 73.9 that level is in danger of being reached.
Looking at the districts:
- Northeast is down -7.9%
- South is down -2.3%
- Midwest is down -6.6%
- West is down -0.9%
inflation