Sentences with phrase «future home sales activity»
Pending home sales are forward - looking indicators of future home sales activity, providing information on the future direction of the market.
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New homes are expected to be a «primary driver of sales in 2018,» as 1.33 million housing starts are predicted next year — up from 1.22 million in 2017, according to Freddie Mac's September Outlook report, which gauges future real estate activity.