Events · who it helps and who it hurts

Existing home sales

The monthly count of previously owned homes sold.

Not on our calendar

The reads below are for when more homes sell than expected. Expect the opposite when fewer homes sell than expected.

Sectors

Consumer CyclicalUsually helpsPeople who move buy furniture and renovate.

Financial ServicesUsually helpsMore mortgages and title insurance get written.

Real EstateUsually helpsEstate agents earn commission on every sale.

Basic MaterialsLittle effectLittle direct link.

Communication ServicesLittle effectLittle direct link.

Consumer DefensiveLittle effectLittle direct link.

EnergyLittle effectLittle direct link.

HealthcareLittle effectLittle direct link.

IndustrialsLittle effectLittle direct link.

TechnologyLittle effectLittle direct link.

UtilitiesLittle effectLittle direct link.

Where each sector’s relative strength sits this week is on the rotation board.

Mortgage FinanceUsually helpsEvery sale needs a mortgage.

Real Estate ServicesUsually helpsAgents earn commission on every sale.

Furnishings, Fixtures & AppliancesUsually helpsNew owners buy furniture and appliances.

Home Improvement RetailUsually helpsNew owners renovate.