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US December existing home sales 5.57m vs 5.70m expected

US December existing home sales 5.57m vs 5.70m expected

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Adam Button
24/01/2018 | 15:00 GMT

US existing home sales data

  • Prior was 5.81m (revised to 5.78m)
  • Sales down 3.6% m/m
  • Prices up 5.8% y/y
  • National median price $246,800
  • Inventory at 3.2 months

Sales have dipped but the bigger story is tight inventories.

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