April existing home sales were down 0.8% this month below the expected 5.05 million annual rate. This caused the year on year rate to move down to 12.9%. However, the median home price has moved up 2.4% to $163,700 with an average price of $214,000 for a 3.5% gain.… read more
Tag Archives: Existing home sales
Existing Home Sales rise 3.7% to 5.1 Million – Futures Trading News
According to the National Association of Realtors March showed decent gains for existing home sales. They reported a slight 3.7% gain to a higher than expected annual rate of 5.1 million. The median sale price of existing homes also showed some gain rising 2.2% to $159,600. However, the year on year comparison shows a 5.9% dip in… read more
Existing Home Sales to be Released at 10:00 am ET
Traders Be prepared for Existing Home Sales @ 10:00 AM ET (Economic Calender) Why should you pay attention? Existing home sales tally the number of previously constructed homes, condominium and co-ops in which a sale closed during the month. Existing homes (also known as home resales) account for a larger share of the market than new homes… read more
Futures Trading News – Market Watch for April 20, 2011
Tomorrow April 20, 2011 be prepared for: Bank Reserve Settlement MBA Purchase Applications 7:00 AM ET Existing Home Sales 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET… read more