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US existing home sales for April 4.28M versus 4.30M estimate

Prior month 4.44M revised to 4.43MUS existing home sales 4.28M vs 4.3M estimateInventory of homes for sale at 1.04 million, up 1% from the year before2.9 months of supply. Six-month is considered a balance marketExisting home sales -3.4% versus -2.6% last month (revised from -2.4%)Home sales down over 23% year-over-yearRealtors blaming the client on tight supplyMedian $388,800, -1.7 from April last year. The decline represents the biggest price decline since April 2012. Median prices, which aren... Read More

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Existing

Home

Sales

April

28m

Versus

30m

Estimate

Forex

Posted: May 18 2023, 14:03

Author Name: forexlive

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