Comments on September Existing Home Sales

Earlier: NAR: Existing-Home Sales Decreased to 5.38 million in September A few key points: 1) Existing home sales were up 3.9% year-over-year (YoY) in September.  This was the third consecutive YoY increase - following 16 consecutive months with a YoY decrease in sales 2) Inventory is still low, and was down 2.7% year-over-year (YoY) in September. 3) As usual, housing economist Tom Lawler's forecast was closer to the NAR report than the consensus. See: Lawler: Early Read on Existing Home Sales in September .   The consensus was for sales of 5.45 million SAAR. ......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2PaIE4U
via IFTTT