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U.S. existing home sales fall 1.9% in September to 5.29 million units

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Investing.com - " U.S. existing home sales fell more-than-expected in September, fuelling concerns over the U.S. housing sector, industry data showed on Monday.

In a report, the National Association of Realtors said that existing home sales declined 1.9% to a seasonally adjusted 5.29 million units in September from 5.39 million in August, whose figure was revised down from a previously reported 5.48 million units.

Analysts had expected U.S. existing home sales to fall 2.9% to 5.30 million units in September.

Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.14% to trade at 1.3665.

Meanwhile, U.S. equity markets were mixed after the open. The Dow Jones Industrial Average dipped 0.1%, the S&P 500 index added 0.1%, while the Nasdaq Composite index rose 0.4%.

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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.

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