There's an Update on Security for Biden's Gaza Port and a New 'Peacekeeping...
Biden Blows Off Respects for Murdered New York City Police Officer
New York City Councilwoman Gets Ratioed Into Oblivion Over One Question
CNBC: Voters Want Trump to Combat Runaway Inflation
Sam Bankman-Fried Sentenced in Massive Crypto Fraud Case
‘No Tampons, No Peace!’: Panic at Vanderbilt University Sit-In As Protestors Realize It...
A Massive Government Assisted Caravan Is Heading Through Mexico
Americans React to Biden Skipping Out on Slain NYPD Officer's Wake and Instead...
How Does RFK Jr. Affect This Presidential Race?
Judge In Hunter Biden's Tax Fraud Case Doesn't Buy Attorney's Claims
New Poll Shows How Hispanic Voters Feel About Biden Describing Laken Riley's Alleged...
Who Will Replace Mike Gallagher? Poll Shows It's Pro-Trump Alex Bruesewitz’s 'Race to...
Flashback: Two Cycles After Running on Gore's Ticket, Lieberman Endorses McCain at GOP...
Here's When Impeachment Articles Against Mayorkas Will Be Presented to the Senate
Tennessee Music Venue to Host ‘Trans Day Of Vengeance’ Event One Year After...
OPINION

Pending Home Sales

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement

The Dow is up 21 points, and while that might not sound like a big deal, coming into the session investors were bracing for as much as 200 points lower. Apple has come off its lows and Boeing is unchanged.

Advertisement

Housing data has been largely inconsistent this year, but there are more signs that perhaps there has been an inflection point as pending home sales climbed to its highest level in ten months.

US

Northeast

Midwest

South

West

110.5

97.0

112.8

125.9

95.3

+1.4% m/m

+3.2%

+0.2%

+3.0%

-1.8%

+1.4% Y/Y

+18.4%

+4.0%

=0.6%

-7.9%

Oil and Gold are both up on the day as we await the Fed’s rate decision. Most analysts expect there to be no change in rates. What will matter is if there is any change in tone to one that is more hawkish.


Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos