The National Association of Realtors released a report on Friday showing pending home sales in the U.S. skyrocketed by much more than expected in the month of December. NAR said its pending home sales index spiked by 8.3 percent to 77.3 in December after slipping by 0.3 percent to a downwardly revised 71.4 in November.Economists had expected pending home sales to jump by 1.5 percent compared to th...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.