- Prior was 4.08m (revised to 4.09m)
- Sales up +4.2% vs -4.9% prior (revised to -4.7%)
- Median prices 3.8% vs +4.8% y/y prior at $398,400
- Inventory at 3.5 months vs 3.5 months prior
This week’s housing starts number was surprisingly strong but the NAHB home builder survey also deteriorated. This is another good number and suggests that the high mortgage rates in December/January didn’t dissuade buyers.
This article was written by Adam Button at www.forexlive.com.
#February #existing #home #sales #4.26m #3.95m #expected #Forexlive
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
News Source
