Economy Week Ahead: U.S. Housing Market in Focus

Data on home prices and pending sales to gauge real-estate health

The housing market’s outlook will be in focus this week. Photo: Aaron Schwartz/Zuma Press

Monday

The Commerce Department releases January figures on orders of long-lasting goods. Overall new orders for durable goods increased sharply in December from the prior month, driven by a jump in civilian aircraft orders.

The National Association of Realtors reports the number of home sales based on contract signings in January. Pending home sales rose in December from the previous month, ending a string of six consecutive months of declines.

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