Housing Data Delivers an Upside Surprise

Pending Home Sales and home price gains came in stronger than expected, while unemployment claims fell below forecasts.

Delayed government data shows the economy grew faster than expected in Q3, while the gig economy continues to influence unemployment claims. Here’s a look at the key highlights.

Delayed government data showed inflation cooled more than forecasted, while the job market showed signs of softening. In housing news, sales ticked higher as inventory declined.