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? March 23rd at 10:00am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program: 
Other top stories:
All Your Brokers and Signals in 1 Place - Binary Trade Center
Countless Already Joined and Made a Profit - What About You?
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: 
