March US existing home sales from the National Association of Realtors
- Prior was 6.22m (revised to 6.24)
- Sales -3.7% m/m vs -1.8% expected (-6.6% prior)
- Supply to 2.1 months from 2.0 months
- Median home prices +17.2% y/y to $329,100
- Full report
US existing home sales have stumbled but that's likely the fallout from tight supply and the February storm, rather than falling demand.
