It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Wednesday, March 22, 2017

February US existing home sales 5.48 vs 5.55m expected

  • Prior was 5.69m
  • Prices -3.7% m/m vs -2.5% expected
  • Estimates ranged from 5.30m to 5.80m
  • Inventory at 3.8 months vs 3.8 prior
  • 7% distressed, unchanged from prior
  • Prices up 7.7% y/y vs 7.1% prior
Sales cooled off slightly from a 10-year high. Inventories remain tight and prices are rising. Housing remains a significant upside rise for the US economy.

No comments:

Post a Comment