US April pending home sales -1.3% vs +0.5% m/m expected

April US pending home sales

• Prior was -0.8% (revised to -0.9%)


• Pending home sales -5.4% y/y vs +0.5% prior

Another miss for the US economy and US dollar. It"s a lower-tier indicator -- even for housing -- but the trend is headed in the wrong direction.

US April pending home sales -1.3% vs +0.5% m/m expected
US April pending home sales -1.3% vs +0.5% m/m expected
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