Thursday , 21 November 2024
Home Forex US existing home sales for October 3.96M versus 3.93M
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US existing home sales for October 3.96M versus 3.93M

  • 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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This article was written by Greg Michalowski at www.forexlive.com.