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globalreutersNovember 21, 20241 Mins read
US existing home sales for October 3.96M versus 3.93M
globalreutersNovember 21, 20241 Mins read - Prior month 3.84M annualized rate revised to 3.83M
- Existing home sales percentage change +3.4% versus -1.3% last month (revisor -1.0%
- Up 2.9% from October last year
- 30 year mortgage 7.05% which is up from 6% at September lows
- Inventories 4.2 months which is still low
- median price $407,200
- All-cash sales 27% which is still historically high
- First-time buyers 27% versus 40% historically
This article was written by Greg Michalowski at www.forexlive.com.
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