US December pending home sales +8.3% vs +1.5% expected

<ul><li>Prior was 0.0% (revised to -0.3%)</li><li>Index 77.3 vs 71.6 prior</li></ul><p>Are we in the early stages of a housing boom? Rates dipped a bit in December and home buyers rushed in. I think that's a tell about how many people are lurking and waiting to buy homes.</p>

This article was written by Adam Button at www.forexlive.com.