prospects. On the home front, we have the April Existing Home Sales numbers coming out a little later, with the annualized ..... context, keep in mind that at its peak in 2005, existing home sales were north of 7 million. In corporate news, we
Facility) rescue funds for Greek banks: Chart below courtesy of Zero Hedge: Meanwhile back at the ranch, U.S. Existing Home Sales (4.62M vs 4.66M expected & prior 4.47M) increased but missed expectations only slightly. This gave markets
* U.S. April existing home sales up 3.4 pct, above forecast
* U.S. April existing home sales up 3.4 pct, above forecast
Shares of Home Depot ( HD +1.4% ) and Lowe's ( LOW +1.3% ) trade higher after existing home sales came in strong for April and provide a whisp of optimism after both names have fallen off over the last month. SA author Kraken
* U.S. April existing home sales up 3.4 pct, above forecast
The outperformance has been driven by a steady stream of positive reports, including data in May 2012 showed that existing home sales had risen 3.4% during the previous month; housing starts rising almost 30% in April 2012; construction of
outperformance has been driven by a steady stream of positive reports, including: data in May 2012 showed that existing home sales had risen 3.4% during the previous month; housing starts rising almost 30% in April 2012; construction of
More on Existing Home Sales : Seasonal supply at 6.6 months, up from previous level of a 6.2-month supply. The national median existing-home price
April Existing Home Sales : +3.4% to 4.62M vs. 4.66M expected, 4.47M prior (revised from 4.48M). 2 comments!