Sales of existing homes fell 6.1% in November to a seasonally adjusted annual rate of 4.93 million, the National Association of Realtors reported Monday. This is the weakest level in six months. Economists polled by MarketWatch had expected the...
The pace of exising home sales plunged 6.1% in November to an annualized rate of 4.93 million units.
This was much worse than expected.
Economists had forecast the pace of sales declined 1.1% to 5.20 million units.
"Overall, the weaker...
The U.S. Dollar was trading lower in early U.S. trading. March U.S. Dollar Futures were down 0.012 at $89.71.
Light holiday week trading can be accompanied by wide swings and low liquidity.
Existing Home sales for November are due to be...
WASHINGTON (dpa-AFX) - Existing home sales in the U.S. unexpectedly showed a
notable increase in the month of October, according to a report released by the
National Association of Realtors on Thursday.
NAR said existing home sales climbed 1.5...
The US housing market is in much better shape than we thought.
The pace of existing home sales unexpectedly climbed 1.5% in October to 5.26 million units.
Economists had forecast a 0.4% decline to 5.15 million.
"Sales activity in October...
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