US pending home sales for September 1.5% versus 0.8% estimate

US pending home sales for the month of September 2019

• Pending home sales 108.7 versus 107.1 last month (revised from 107.3)
• Sales up 1.5% vs 0.8% estimate
• pending home sales up 6.3% year on year. That is the largest increase since 2015
• Northeast, -0.4% versus 1.4% gain in August
• Midwest +3.1% versus 0.2% gain in August
• South 2.6% versus 1.3% gain in August
• West -1.3% versus 3.1% gain in August