Economists polled by Reuters had forecast existing home sales rising 0.5 percent to a rate of 5.40 million units in February. Sales soared 6.6 percent in the South, where the bulk of sales activity occurs, and vaulted 11.4 percent in the West. They tumbled 12.3 percent in the Northeast and fell 2.4 percent in the Midwest.
It's a Big Week for Earnings, With More than 50 Companies. – The National Association of Realtors reports existing-home sales data for December. Economists forecast a 5.2 million seasonally adjusted annual rate, down from November’s 5.3 million. Wednesday 23
Inventory increased, as well: 5.7 percent to 1.67 million, but 7.2 percent lower than. and -co-op sales came in at 610,000, a 5.2 percent increase from February, but a 3.2 percent decrease from the.
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WASHINGTON (Reuters) – U.S. home resales fell more than expected in December. Association of Realtors said on Tuesday existing home sales decreased 2.8 percent to a seasonally adjusted annual rate.
Existing-home sales jump 12%. may help lift sales to a 5.2 million rate in 2011.. that would help those interested in buying such homes be more comfortable with a purchase," said Jennifer.
WASHINGTON (Reuters) – U.S. home resales jumped more than expected in December and. The U.S. dollar rallied. U.S. existing home sales soared 12.3 percent to an annual rate of 5.28 million units as.
Sales in February were at a seasonally adjusted rate of 5.03 million units, compared with 4.89 million in January, according to the Realtors association. More specifically, there was a 2.8 percent.
It will be another month or two before we know the final existing home sales tally for 2018, but the current annualized run rate for sales is 5.38 million. With higher mortgage rates expected at some point in the coming year and prices still firming a bit, we think it will be hard for sales to improve much for the year as a whole.
US existing home sales rise for second month – news.yahoo.com – Sales of town homes, condos, co-ops and single-family houses, rose 1.9 percent to an annual rate of 5.3 million units after seasonal adjustment. Economists had forecast a slight decrease to 5.2 million.
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