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US pending home sales for August +8.8%% vs. +3.1% estimate

US pending home sales for August +8.8%% vs. +3.1% estimate

US pending home sales for August 2020
– Pending home sales rose 8.8% vs. estimates of 3.1%
– record high change for the index
– unadjusted home sales up 20.5% year on year vs. 15.4% YoY in July. That is the highest level since April 2010
Housing remains a huge bright spot in the US economy, as pandemic led moves

Source: Forexlive RSS Breaking news feed
Date: October 1, 2020, 00:06