Here come pending home sales ...

Pending home sales data for April will be released by the National Association of Realtors at 10 a.m. ET.

Economists estimate that the gauge of housing contract activity rose 0.7% month-on-month, and 0.2% year-on-year, according to Bloomberg.

Earlier this week, we learned that existing home sales rose more than expected in April despite some buyers being strained by tight inventories and rising prices.

Along with that data, economists will be using the pending home sales numbers as a gauge of how demand is shaping up this spring selling season.

Refresh this page at 10 a.m. ET for the latest.

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