BREAKING: pending home sales report shows strong rebound on a monthly basis 🔨

03:00 PM BST, United States - Pending Home Sales for September:

actual 7.4% MoM; forecast 1.9% MoM; previous 0.6% MoM;

03:00 PM BST, United States - Pending Home Sales Index for September:

actual 75.8; previous 70.6;

In the home sales, we're seeing a significant monthly rebound. On one hand, this is a positive sign of economic strength, but on the other, better data could have an inflationary effect on property prices. Nevertheless, a single report does not yet confirm a longer trend reversal.

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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