Fundamental Analysis:
Existing Home Sales
Definition
Existing Home Sales is the report measures the overage of new home sales. It is the main indicator in the property sector.
Function of Existing Home Sales in Learning Forex Trading System
It shows the need of having houses that will lead to the economic improvement momentum. The momentum will exist if the report’s number increases quite high. It happens because of the assumption that people who are going to buy house will likely to have a huge fund preparation.
Source : The National Association of Realtors.
Time of Publish : Monthly, around date 25th of the month.
Revision : Monthly. There is also a revision for the next 3 years.
Revision’s Impact : Big
Bookmark/share this article with others:Existing Home Sales is the report measures the overage of new home sales. It is the main indicator in the property sector.
Function of Existing Home Sales in Learning Forex Trading System
It shows the need of having houses that will lead to the economic improvement momentum. The momentum will exist if the report’s number increases quite high. It happens because of the assumption that people who are going to buy house will likely to have a huge fund preparation.
Source : The National Association of Realtors.
Time of Publish : Monthly, around date 25th of the month.
Revision : Monthly. There is also a revision for the next 3 years.
Revision’s Impact : Big
