Details of the September 2016 US existing home sales data report 20 October 2016
Prior 5.33m. Prior revised to 5.30m
Inventories 2.04m unch
Median sale price $234,200 vs $240,000 prior y/y. +5.6% vs Sep 2015
- Distressed sales 4.0% vs 5.0% in Aug
That will offset some fears from the lower housing starts we saw yesterday.
New home sales could be the icing on the cake next Wednesday.
The dollar is staring to gather up its skirt as USDJPY ticks up towards 104.00.
US existing home sales