US existing home sales drop to lowest since 2010
October existing home sales fell 5.5% month on month to a 3.75M annualised rate, the lowest since August 2010 and, excluding 2010, since 1995.
3.75MOctober existing home sales, annualised rate
5.5%Month-on-month fall in October home sales
What we know
Market news accounts report US existing home sales dropped 5.5% MoM in October to 3.75 million annualised, down 8.8% year on year, the largest annual decline in years.
What people are posting
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@KobeissiLetter
“US existing home sales dropped -5.5% MoM in October, to an annualized rate of 3.75 million”
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