FX.co ★ Pending Home Sales Index Shows Positive Growth in February 2024

The Pending Home Sales Index in the United States has displayed positive growth in February 2024, reaching 75.6 compared to 74.4 in January 2024. This indicator reflects the number of homes that have entered into contract to be sold but have not yet closed. The increase in the index suggests a potential rise in future home sales as more contracts are being signed. The data was recently updated on 28 March 2024, indicating a promising trend in the real estate market. Investors and analysts are optimistic about the outlook for the housing sector following this encouraging development in the Pending Home Sales Index.