Existing-home sales: Is the housing market stable or frozen?
Existing-home sales make up about 90% of home sales, writes the National Association of Realtors. Data about existing-home sales gives Americans insights into the U.S. housing market, including trends surrounding pricing, buying, and selling activity. Monthly existing-home sales…
Existing-home sales make up about 90% of home sales, writes the National Association of Realtors. Data about existing-home sales gives Americans insights into the U.S. housing market, including trends surrounding pricing, buying, and selling activity. Monthly existing-home sales…
BELLINGS Intelligence Score: 60
Why it matters
Existing-home sales data is a key monthly indicator that influences market expectations for Fed policy and mortgage rates, directly impacting credit conditions and borrowing costs in the housing sector.
Sources
TheStreet
Existing-home sales: Is the housing market stable or frozen?
Existing-home sales make up about 90% of home sales, writes the National Association of Realtors. Data about existing-home sales gives Americans insights into the U.S. housing market, including trends surrounding pricing, buying, and selling activity. Monthly existing-home sales…