Here Comes Existing Home Sales...
Economists polled by Bloomberg are looking for existing home sales a 1.0% decline to an annualized pace of 4.56 million units.
This compares with a 0.4% decline to an annualized pace of 4.60 million units the previous month. February's pace of sales was the lowest since July 2012.
Pending home sales, considered a leading indicator for future existing home sales, unexpectedly fell in February and have been trending down for some time.