US pending home sales data:
- Prior was -0.9% (revised to -1.1%)
- Sales up 3.1% y/y
- Prior y/y was +5.1% (revised to +4.9%)
It's another miss. They're beginning to add up but pending home sales is a low tier data point.
It's another miss. They're beginning to add up but pending home sales is a low tier data point.