A report released by the National Association of Realtors on Tuesday unexpectedly showed a significant rebound by pending home sales in the U.S. in the month of February.
NAR said its pending home sales index jumped by 1.8 percent to 72.1 in February after tumbling by 1 percent to a revised 70.8 in January. Economists had expected pending home sales to slump by another 1 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.