Existing Home Sales (USD) – 22/12
- Donald Herison
- Hits: 1327
What is it? It checks the annualized number of residential buildings that were sold during the previous month, excluding new construction.
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.
When? December 22nd at 10:00am Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the USD to rise.
Talk to us to get get FREE signals and start earning now:
Other top stories:
4 Tips for Today's Trading - 19/12
The Importance of Diversification
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook/Twitter: