Green Bar graph of stock data
Markets

November 2015 US existing home sales 4.76m vs 5.35m exp

Details of the November 2015 US existing home sales data report 22 December 2015

  • Prior 5.36m. Revised to 5.32m
  • Sale prices $220,300 vs $219,600 prior
  • Inventory 2.04m units vs 4.8m prior

The 10.5% drop is the biggest for over 5 years. The NAR said that new paperwork regulation may be behind the drop due to lenders and closers being cautious about the new regs. Perhaps the more worrying fact was that 9% of sales were distressed vs 6% in Oct

US existing home sales

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos