Pending home sales in the U.S. unexpectedly showed a sharp pullback in the month of December, according to a report released by the National Association of Realtors on Wednesday.
NAR said its pending home sales index plunged by 4.9 percent in December after jumping by 1.2 percent in November. Economists had expected pending home sales to rise by 0.5 percent.
For comments and feedback contact: editorial@rttnews.com
Forex News
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.