US existing home sales fall to weakest pace since 2010
NAR data show October existing home sales down 5.5% to 3.75M annualized, below 3.85M consensus, as 2-5 year yields rose at least 10bp.
What we know
The NAR reported sales fell 5.5% to 3.75M. Market news accounts say 2- to 5-year yields rose at least 10bp, and spot gold fell 3% to $3,866.
What people are posting
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@DeItaone
“US existing home sales fell 5.5% in October”
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