US March Pending Home Sales Index MoM

National Association of Realtors (NAR) announced the US March Pending Home Sales Index MoM on 2025-04-30. against a forecast of 1%, with the prior figure recorded as 2.00%.

Regarding the US March Pending Home Sales Index MoM, Data > Expectations = Positive for the US Dollar, The existing home sales contract index refers to an index obtained by processing the data of signed existing homes that have been built or sold second-hand after statistical analysis and weighted processing. This indicator serves as a leading indicator for future housing sales activities in a country and can provide more reliable information than any existing indicator regarding the direction of changes in the housing market. This data is released about a week later than existing home sales data, but this indicator is more forward-looking, as it takes several weeks after signing to be counted in the existing home sales segment. An increase in this index suggests that the U.S. real estate market is improving. This data was first published in March 2005. It is a leading indicator of the health of the U.S. economy, as home sales can trigger a wide range of chain reactions, such as home renovations, mortgage activities from financing banks, and generating income for brokerage firms during transactions.

This data holds an importance level of , calculated using Statistics on the number of homes that have signed agreements but are still waiting to complete transactions, excluding new construction projects, and updates monthly. The next release is set for 2025-05-29 22:00:00.

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