Existing Home Sales
A monthly US report on how many previously owned homes were sold, published by the National Association…
In plain English
A monthly US report on how many previously owned homes were sold, published by the National Association of Realtors.
Existing home sales counts completed sales of homes that were not newly built, the bulk of the US housing market.
Housing reacts strongly to mortgage rates, so this report shows how hard interest rates are biting. It is a moderate mover at best for the dollar.
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