Here comes existing home sales ...

The February report on existing home sales is set for release at the top of the hour.

Expectations are for existing home sales to rise 2.5% to an annualized pace of 4.94 million homes.

In January, existing home sales disappointed, falling 4.9% to a rate of 4.82 million.

We’ll be back with the live numbers when they hit.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at