Existing Home Sales

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august, 2019

21aug2:00 pm2:00 pmExisting Home SalesIMPACT: ALL MAJOR PAIRS & USD RELATED INSTRUMENTS2:00 pm - 2:00 pm UTC Event Type :Medium Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

Measures

Annualized number of residential buildings that were sold during the previous month, excluding new construction.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, about 20 days after the month ends.

Source of Data

National Association of Realtors (latest release)

Time

(Wednesday) 2:00 pm - 2:00 pm

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